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Hca 270 Week 6 Comparative Data Essay

Decent Essays

Associate Level Material

Comparative Data

Resource: Ch. 14 of Health Care Finance

Complete the following table by writing responses to the questions. Cite the sources in the text and list them at the bottom of the table.

|What criterion must be met |Consistency: Important when comparing data to make sure the data compared was prepared the correct way and done the same each time. |
|for true comparability? | |
| |Verification: Any data obtained should be …show more content…

In sports stats, you can’t decide the best players on a team by how they played in a shorter time |
| |spand rather than a player who went the entire season to put up complete stats. |
| | |
| |Inflation: The increase in price for something as the demand grows and the product becomes less available due to the demand. If you have a new product that hits the market and is an |
| |instant success, this product may start at $5 per unit. As the demand grows the price will increase due to the numbers being requested and the ability of this product to move inventory. |
|What is the manager’s |Accuracy in acquiring the data is essential to management. It is the responsibility of the manager to take control and ensure all numbers and data collections add up. It is also the |
|responsibility in comparing

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