Use the Information for the Question(s)below

question 13

Multiple Choice

Use the information for the question(s) below.
Big Cure and Little Cure are both pharmaceutical companies.Big Cure presently has a potential "blockbuster" drug before the Food and Drug Administration (FDA) waiting for approval.If approved,Big Cure's blockbuster drug will produce $1 billion in net income for Big Cure.Little Cure has 10 separate less important drugs before the FDA waiting for approval.If approved,each of Little Cure's drugs would produce $100 million in net income for Little Cure.The probability of the FDA approving a drug is 50%.
-What is the expected payoff for Little Cure's ten drugs?

• A)$500 million
• B)$100 million
• C)$1 billion
• D)$0

Comprehend the significance of standardization in psychological testing.

Recognize the role of assessment in counseling and its broader implications.

Understand the ethical and legal standards governing psychological and educational testing.

Identify the impact of historical and modern legislation on assessment practices.

---

Definitions:

Semi-Fowler's

A position in which a patient is semi-upright at an angle of about 30-45 degrees, often used to promote lung expansion and ease breathing.

Applicator

A tool or device used to apply a substance or prepare a surface, often found in medical or cosmetic applications.

Right to Know

A legal principle that allows individuals to seek information from the government or organizations, particularly regarding environmental hazards or workplace safety.

Medication

A substance used for medical treatment, especially a medicine or drug taken to diagnose, cure, treat, or prevent disease.