South Texas College

MHSM 3335

WEEK 12 FINANCIAL

1)True or False? When seeking relationship that exist in data, working with many sets of data may give the analyst a different view of operations.

2. -True or False? Retrospective analytics method was used to help answer the patient population question “Who are the most likely candidates for health services”.

3. -True or false? Benchmarking measures products, services, and activities against the best levels of performance, it is a continuous process.

4. -Big data creates opportunities and challenges. Examples may include:

-using data to solve problems much more quickly

-handling the resulting disruptive change by creating new business models

-using data to solve problems much more quickly and handling the resulting disruptive change by creating new business mo…

-None of these is correct

5. -Data mining turns raw data into useful information, it is characterized by:

6. -Jack, the general manager of a physician practice, decides to use estimates for several items when preparing the monthly financial statements for the doctors. His decision is considered to be:

7. -Parametric analysis is one type of benchmarking analysis. In parametric analysis.

8.  To estimate implies a judgment that takes the place of: