MAT 543 WEEK 4 EXAM

·         Question 1
5 out of 5 points
According to a core managerial competency viewpoint, how is analyzing defined?
Why is a surgical procedure classified as a conversion process?
Accomplishing a defined task, such as creating a drug to cure a specific infection, is an example of what concept?
Which is an example of how people in management can best operate according to science?
Capacity for a specific period of time – such as an hour, shift, day, week, month, or year – represents which concept?
How is efficiency measured?
Calculate the mean of the following data set: [34, 45, 55, 43, 21, 55, 19, 60, 62]. What is the answer rounded to the nearest whole number?
A Chi-square test is used to relate differences between which of the following?
A p-value is the specific level of probability that indicates whether or not a person should do what?
What is the correct test to examine one continuously measure variable across two categorical groups?
What is the correct test to use to examine the relationship between two continuous but different variables?
What is a pie chart used for?
What are two primary methods an analyst uses to gather the needed information to construct a general system flow-chart?
Which general systems flow chart symbol represents start or stop?
How might a health care manager introduce simplicity to a general systems flow chart?
What is one reason for which a manager would create a general systems flow chart?
Which type of answer to a decision is an indicator that a general systems flow chart has been created incorrectly?
Which general systems flow chart symbol represents a decision?
How many years would it take you to triple your investment if your money compounds monthly at an annual rate of 5%?
How much up-front money must you provide to a program that will in turn guarantee to pay you $750 every six months for 12 years, with the first payment scheduled for 6 months from now? Assume investments such as this earn returns of 3.5%.
What effective annual rate (EAR) is equivalent to a nominal rate of 14% assuming monthly compounding?
Issues related to the time value of money become more critical as the period of time in question does what?
You wish to start a savings plan for your newborn child’s college education.  To do so, you plan to invest $4,000 each year into an account that grows at 4.5% annually. What will be the value of your account in 18 years?
Your investment has grown from an initial deposit of $400 to $1,500. The investment pays 9.5% interest annually. Approximately how many years have you had your money invested?
An initial deposit of $2,570 is made into a money market bank account that promises to pay 2% interest annually. At the end of 12 months, how much interest on the initial deposit is earned?

·         Question 2
5 out of 5 points
·         Question 3
0 out of 5 points
·         Question 4
5 out of 5 points
·         Question 5
5 out of 5 points
·         Question 6
5 out of 5 points
·         Question 7
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·         Question 8
5 out of 5 points
·         Question 9
5 out of 5 points
·         Question 10
5 out of 5 points
·         Question 11
5 out of 5 points
·         Question 12
5 out of 5 points
·         Question 13
5 out of 5 points
·         Question 14
5 out of 5 points
·         Question 15
5 out of 5 points
·         Question 16
5 out of 5 points
·         Question 17
5 out of 5 points
·         Question 18
5 out of 5 points
·         Question 19
5 out of 5 points
·         Question 20
0 out of 5 points
·         Question 21
5 out of 5 points
·         Question 22
5 out of 5 points
·         Question 23
0 out of 5 points
·         Question 24
0 out of 5 points
·         Question 25
5 out of 5 points



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