Healthcare claims using the ratio-to- moving-average method

Assignment Help Basic Statistics
Reference no: EM13990592

The following table represents the quarterly value of healthcare claims (in R millions) against all medical health schemes for the period 2007 to 2010.

Year

Quarter 1

Quarter 2

Quarter 3

Quarter 4

2007

11.8

13.2

19.1

16.4

2008

10.9

12.4

22.4

17.8

2009

12.2

16.2

24.1

14.6

2010

12.8

14.5

20.8

16.1

(a) Calculate quarterly seasonal indexes for healthcare claims using the ratio-to- moving-average method.

(b) Derive a trendline using the method of least squares.

(c) Estimate the seasonally adjusted trend value of healthcare claims for each quarter of 2011.

(d) Use Excel's Line with Marker option from the Insert > Chart tab to plot the actual healthcare claims values and the seasonally adjusted trend estimates of healthcare claims values.

Reference no: EM13990592

Questions Cloud

What was the outcome of this change situation : Resistance to change is more likely to succeed if the forces resisting the change are stronger than the forces driving the need for change. Describe some of the specific tactics that resisters could employ to thwart change efforts.
Describe the cultural differences in international business : Describe the Cultural differences in international business environments. What is the role of culture in the management of diversity and communicate across cultures. Discuss the keys for successful international management. Discussion should be appro..
Prepare a performance report for april that can be used : Prepare a performance report for April that can be used to judge Paragon's success or failure in meeting budgeted targets. Comment on your findings.
Healthcare claims using the ratio-to- moving-average method : (a) Calculate quarterly seasonal indexes for healthcare claims using the ratio-to- moving-average method. (b) Derive a trendline using the method of least squares. (c) Estimate the seasonally adjusted trend value of healthcare claims for each quarter..
Original data series and the de-seasonalised data : (a) Remove the influence of seasonal factors on the number of visitors to the Addo National Park for each of the periods from 2008 to 2010. (b) Plot both the original data series and the de-seasonalised data series of the number of visitors to the..
Analyze data and explain which would be better medication : A cold and flu study is looking at how two different medications work on sore throats and fever. Analyze the data and explain which one would be the better medication for both a sore throat and a fever
Problem regarding the price of the netron share : A share trader has a policy of selling a share if its share price drops more than one-third of its purchase price. In January, the investor bought shares in Netron (an electronics company) for 90c per share. The table below shows the price of the ..
The main purpose of the book : State as accurately as possible the author's purpose for writing the book. In other words, what motivated him/her to write it, what did he/she hope to accomplish? A strong answer will require several sentences.]

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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