True value of the parameter of patients

Assignment Help Basic Statistics

Reference no: EM132465279

Thinking of the many variables tracked by hospitals and doctors' offices, confidence intervals could be created for population parameters (such as means or proportions) that were calculated from many of them. Choose a topic of study that is tracked (or that you would like to see tracked) from your place of work. Discuss the variable and parameter (mean or proportion) you chose, and explain why you would use these to make an interval that captures the true value of the parameter of patients with 95% confidence.

Consider the following:

How would changing the confidence interval to 90% or 99% affect the study? Which of these values (90%, 95%, or 99%) would best suit the confidence level according to the type of study chosen? How might the study findings be presented to those in charge in an attempt to affect change at the workplace?

Reference no: EM132465279

Questions Cloud

Prepare the Balance Sheet and Income Statement columns : Prepare the Balance Sheet and Income Statement columns of the worksheet. Prepare the closing entries for RD Consulting on December 31, 2019

What is browning federal income tax withholding : Using the wage bracket withholding with a $75 standard withholding allowance for each exemption, what is Browning's federal income tax withholding?

What is the critical value at the 01 level of significance : What is the critical value at the .01 level of significance? What would you conclude at this level of significance?

What is the most important factor that needs to be predicted : What is the most important factor (variable) that needs to be predicted accurately at work? Why? Justify its selection as your dependent variable.

True value of the parameter of patients : Discuss the variable and parameter (mean or proportion) you chose, and explain why you would use these to make an interval that captures

Determine amount of depletion expense for the current year : Determine the amount of depletion expense for the current year.Journalize the adjusting entry on December 31 to recognize the depletion expense.

Journalize the entry to record the sale : Using the rounded amount from Part a in your computation, determine the gain(loss) on the sale of the equipment, assuming it was sold at the end of year eight

Prepare general journal entries to accrue employee fringe : Prepare General Journal entries to accrue employee fringe benefit costs . Assume that the company matches the employees' payments

Determine the amount of the annual depredation : Determine the amount of the annual depredation. Determine the book value after 14 full years of use.determine the depredation expense for each

User Account

All Pages