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13.The nursing manager puts some work data on a bell curve. The average overtime is 35 hours per week. The standard deviation is 5 hours.

13.The nursing manager puts some work data on a bell curve. The average overtime is 35 hours per week. The standard deviation is 5 hours. What range of overtime hours can the manager expect to work 68.2% of the time? Required to answer. Single choice.

30 to 40 hours

25 to 45 hours

35 to 50 hours

20 to 40 hours

14.North American Drug Company has decided to offer stock options. The CFO (chief financial officer) needs to assign a price to stock options before the end of the month. She can generate thousands of possible random price paths in order to estimate the future stock option value. What analysis technique should she use? Required to answer. Single choice.

Multiple regression

Simulation

Linear programming

ANOVA

15.The Clinic Consortium is preparing a budget for the next year and needs to forecast patient loads. The managers notice variation in patient loads around holidays over the year. What pattern describes the data to be forecasted? Required to answer. Single choice.

Trend

Cyclicality

Seasonality

Random variation

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