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# Quantitative Methods

1.

**There are 5 questions each question must be answered individually, NOT IN ESSAY FORM! Each answer must be at least 250 words. Each answer must be related to medical field. **

**Assess whether or not the general systems model is a good approach for health services administration. Explain your rationale.**

** Answer:**

**Using statistical inference and hypothesis testing provide a real-world example in which it is applicable. Explain why the test is appropriate for the example.**

** Answer:**

**Conclude why reporting results with a margin of error is more informational than just the point estimate, such as the sample mean. Provide support for your rationale.**

** Answer:**

**Suggest the major benefits of utilizing a flow chart to define and improve a work process. Outline the key steps required to construct and develop an effective flow chart.**

** Answer:**

**Determine why one should include time value of money in any financial decision. Elaborate on how this will facilitate better financial decision making.**

** Answer:**