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- All of the following are sources of information to an insurance company pertaining to the insurability of an applicant except A) The applicant's personal appearance B) Medical examination report C) Agent's inspection report D) Government tax recordsONE EXAMPLE OF SITUATIONS INVOLVING SUSPENSIVE CONDITION IN THE SCHOOL SETTING ONE EXAMPLE OF SITUATIONS INVOLVING RESOLUTORY CONDITION IN THE HOSPITAL SETTING ONE EXAMPLE OF SITUATIONS INVOLVING RESOLUTORY PERIOD IN THE MARKET PLACE ONE EXAMPLE OF SITUATIONS INVOLVING SUSPENSIVE PERIOD IN FOOD COURT13 true or false Descriptive statistics are too basic therefore not very useful in data analytics.
- example of the USES of Statistics, AND one practical example of the ABUSES of Statistics.Records pertaining to the monthly number of job-related injuries at an underground coal mine were being studied by a government agency. The values for the past 100 months were as follows: Injuries Frequency of per Month Occurrence 32 40 2 15 3 4 1. 1. Apply the chi-square test to these data to test the hypothesis that the underlying distribution is Poisson. Important note: In the answer box below, just put the numerical test statistic value. Use x.xx format for the numerical value you provide as the answer. Do NOT compare the test statistic with the critical value from a table. Answer:Based on your finding please recommend 3 policies to improve hospital performance, use the final model for your recommendation. 1st Model: Run a linear model and predict the difference between hospital beds (use the bed-tot) and hospital’s ownership on hospital net-benefit? Discuss your finding, do you think having higher beds has positive impact on the hospital net benefit? What about mlpthe ownership? Model 1a Hospital Characteristics Coef. St. Err Hospital beds 1459 1221 Ownership For Profit -3075968 1935886 Non-for profit -3675084 2305366 Other -2451322 1747404 N 3030 R-Squared 0.1521 2nd Model: Now, estimate the impact of being a member of a system on hospital net benefit? And discuss your finding (nor more than 2 lines)? Is it significant? Model 2 Hospital Characteristics Coef. St. Err Hospital beds 13729 1266 Ownership For Profit…
- A. Identify the Level of Measurement for each of the following variables Price of raw materials A person’s occupation Advertising costs Length of time before a device fails “Star” rating of hotels.1.The reported unemployment is 5.5% of the population. What measurement scale is used to measure unemployment? Interval Nominal Ordinal Ratio 2.Which one of the following is NOT an example of discrete data? Number of employees reporting in sick Number of households watching the Home Shopping Network Number of miles between New York City and Chicago Number of members of the Denver Lions ClubOn February 12 Peg Jones, vice president for operations and maintenance, called into Stephen’s office and asked to study the issue. Specially, Stephen wanted to know whether the average fleet age was correlated to direct airframe maintenance costs, and whether there was a relationship between average fleet age and direct engine maintenance costs. Peg was to report back by February 26 with the answer, along with quantitative and graphical descriptions of the relationship. Peg’s first step was to have her staff construct the average age of Northern and Southeast B727-300 fleets, by quarter, since the introduction of that aircraft to service by each airline in late 1993 and 1994. The average age of each fleet was calculated by first multiplying the total number of calendar days each aircraft had been in service at the pertinent point in time by the average daily utilization of the respective fleet to total fleet hours flown. The total fleet hours was then dividend by the number of…
- what are the Descriptive Statistics, Ordinal Scale and Dichotomous Variable? What are the differences among them?A hospital specializing in the care of patients with various forms of heart disease is attempting to determine the cause of readmission of its patients. Should it rely of the results of general studies such as those described here or should it gather its own data, perform an analysis and draw its own conclusions ? Support your recommendation .3) The major variable is the central idea of the entire literature. Its sub-variables help specify which particular aspect of the major variable is being referred to. The indicators, on the other hand, are specific information that describes the sub-variables. Examples: Major variable: Study habits Sub-variable: Time required for studying, methods of studying, and place for studying Indicators: Employing patterned time intervals for effective studying: using mnemonics in memorizing the terms; and studying in one's ideal environment Instructions: Identify the major variables, sub-variables, and indicators of the examples of literature review. Example 3: On leadership Competencies and Management Skills (refer to the photo for the details)