According to a Hospital Administrator,historical Records Over the Past 10 $\hat { p }$

question 131

Multiple Choice

According to a hospital administrator,historical records over the past 10 years have shown that 20 percent of the major surgery patients are dissatisfied with after-surgery care in the hospital.A scientific poll based on 400 hospital patients has just been conducted.Sixty-four patients indicated that they were dissatisfied with the after-surgery care.What are the mean and the standard deviation of the sampling distribution of $\hat { p }$ ?

• A)16% and .034%
• B)20% and 1.83%
• C)20% and 2%
• D)20% and .034%
• E)20% and 16%

Comprehend the significance of neoclassical economic assumptions and how behavioral economics challenges these assumptions.

Discuss the concept of "nudges" in influencing economic behavior positively.

Explore the limitations of increasing consumption on long-term happiness as explained by the hedonic treadmill.

Insight into the discrepancy between theory and practice in economic behavior, highlighting the role of immediate costs and benefits.

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Definitions:

Job Control Unionism

A type of unionism focused on controlling aspects of the job itself, such as working conditions, job assignments, and seniority rights.

Union Density Rate

The percentage of workers in a particular sector or country who are members of labor unions.

Organizing Model

A strategy in labor movements focusing on building strong unions through active participation and recruitment of workers, emphasizing direct action and solidarity.

Worker Participation

The involvement of employees in decision-making processes at their workplace, often to improve productivity, morale, and job satisfaction.