The Difference Between the PBS and Medicare Is

question 5

Multiple Choice

The difference between the PBS and Medicare is:

• A)the PBS is not available to all Australians,only those who receive welfare payments
• B)one is for health care (Medicare)and the other is for medicines (PBS)
• C)under the PBS pharmacists are unable to run a small business because they have to work for large chains
• D)unlike doctors,pharmacists cannot charge above the pre-determined maximum for the cost of medicines

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Definitions:

Error Variable

A variable that represents the difference between observed values and the values predicted by a model.

Distribution

In statistics, the way in which values of a variable or group of variables are spread or dispersed across possible values.

Coefficient of Determination

Represents the ratio of explained variance by the model to the total variance, indicating the model's explanatory power.

Coefficient of Correlation

A rephrased definition of the correlation coefficient, highlighting its role in measuring the degree of correlation between two variables.