AmBoxDemo-South Interview Questions and Answers

International reference pricing is a mechanism used by countries to set drug prices based on prices in other countries.

• International reference pricing is used to determine the price of drugs in a country based on the prices in other countries.

• It is used by governments to negotiate lower prices for drugs.

• The prices of drugs in countries with similar economic conditions are compared to determine the price in a particular country.

• For example, if a drug costs $100 in the US and $...read more

I have a strong understanding of finance and accounting principles.

• I have a Bachelor's degree in Finance and have completed several accounting courses.

• I have worked as a financial analyst for 5 years, analyzing financial statements and creating financial models.

• I am familiar with various accounting software such as QuickBooks and Excel.

• I have experience in budgeting, forecasting, and financial reporting.

• I stay updated with the latest financial regulations and industry trends.

Sensitivity analysis involves examining how changes in input variables affect the output of a model. Interpretation of plots involves understanding trends and relationships in data visualization.

• Sensitivity analysis helps identify which input variables have the most impact on the output of a model.

• Interpretation of plots involves looking for patterns, trends, and relationships in the data.

• Examples of plots for sensitivity analysis include tornado diagrams, scatter plots, and ...read more

Application of economic models to analyze and predict outcomes in various scenarios.

• Economic models are used to analyze the impact of different variables on economic outcomes.

• They help in predicting future trends and making informed decisions.

• Examples include supply and demand models, cost-benefit analysis, and macroeconomic forecasting.

• Outcome can vary based on assumptions and data inputs used in the model.

CEAC curves are used to interpret the performance of a classification model by plotting the true positive rate against the false positive rate.

• CEAC curves help in evaluating the trade-off between sensitivity and specificity of a model.

• The area under the CEAC curve can be used as a summary measure of the model's performance.

• CEAC curves are particularly useful when comparing multiple models or algorithms.

• Interpreting CEAC curves involves analyzing the shape of the curve and ide...read more