Explain the variables that most affect hospital cost

Assignment Help Finance Basics
Reference no: EM13839754

The second part of the practicum involves the selection of the appropriate statistical technique to do analysis.

Recall you have been hired as the chief operating officer of a multi-hospital health care system. The CEO has approached you in your new role and asked you to do an analysis of factors affecting the total costs of hospitals in your region based on the data provided to you in an Excel file.

For this assignment, you will select the appropriate statistical test that allows you to conduct an analysis of the factors affecting hospital costs. You will have to select the correct statistical test and conduct that test in Excel. Based on the output you produce in Excel, analyze your data and produce a 250-word (approximately) summary describing the major findings of your analysis. Your final analysis should include (minimally), the following:

the variables that most affect hospital cost.

an overview of the P and F values in your Excel tables.

a discussion of the degrees of freedom and the sample size.

You should also discuss any significant relationships that present themselves in the Excel files produced from your statistical analysis. You are not limited by the information presented above. In fact, only discussing the aforementioned items will result in a score of "Basic" proficiency in the scoring rubric. However, the aforementioned items are the minimum areas you need to address in your narrative.

Submit both your statistical tables (output) and your summary. You should combine these items in one document so that you are sending your instructor one combined file rather than two individual files.

Reference no: EM13839754

Questions Cloud

How you have assessed your performance based on activities : You need to consider how you have assessed your performance based on the activities undertaken and reflect on what this implies in terms of ongoing development of your skills.
Calculate the concentration of the diluted naoh solution : Calculate the concentration of the diluted NaOH solution.
Is the structure traditional or an act of rebellion : Choose a different author. Using the definitions from the course lectures, discuss how the idea of naturalism or modernism is depicted in your author's work. Give examples of the particular period you find in the story or poems. Do you see any his..
Calculation of weight average cost of capital : 1) Discuss in detail how the economy is impacting companies' calculation of Weight Average Cost of Capital. Tie this to the Cost Formulas discussed in Chapter 14 of the text.
Explain the variables that most affect hospital cost : Recall you have been hired as the chief operating officer of a multi-hospital health care system. The CEO has approached you in your new role and asked you to do an analysis of factors affecting the total costs of hospitals in your region based on..
Brief the facts of the case - inc. v. soskin : Brief the facts of the case and assume your boss is seeking your opinions as noted in the Critical Legal Thinking, Ethics, and Contemporary Business questions. Argue both sides of all issues.
Define the allegory of the three beasts in inferno : Write one paragraph for each of the following topics- Define the allegory of the three beasts in Inferno 1 and  State the reason for the inclusion of Limbo in Inferno (Inferno 4)
What is the measure of largest angle? : What is the measure of largest angle?
Compute the incremental income after taxes : 1) Compute the incremental income after taxes that would result from these projections: 2) Compute the incremental Return on Sales if these new credit customers are accepted:

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd