F ProjHOSPITAL INPATIENT P & L20162017Variance Variance Per DC 20.docxmecklenburgstrelitzh
F ProjHOSPITAL INPATIENT P & L20162017Variance Variance %Per DC 2016Per DC 2017Total Number of Beds149149Maximum Occupancy55,74554,561Total Patient Days37,25037,926Actual Occupancy %ALOSDischarges by PayerMedicare/Medicaid4,9224,989Commercial Ins5,2415,099Private Pay/Bad Debt1,2801,162Total DischargesREVENUEGross Patient Revenue$ 161,325,872$ 135,365,715Contract Allowances, Uncollectables$ (84,696,083)$ (65,680,261) Net Patient RevenueMisc Income$ 378,530$ 303,233 NET REVENUEPatient Care Expenses Salaries $ 18,387,223$ 18,244,610Benefits $ 4,140,146$ 4,211,157Contract Labor $ 1,724,507$ 1,820,377Physician Contract Services$ 6,439,165$ 6,335,188Lab Services $ 1,589,648$ 1,575,808Radiology Services$ 2,336,043$ 2,343,920Rehabilitation Services$ 655,766$ 679,444General Supplies $ 653,941$ 689,766Medical Supplies $ 1,006,220$ 1,029,151Cost of Food $ 576,245$ 612,890Patient Transportation $ 35,324$ 36,031Total Patient Care ExpensesGeneral and Administrative ExpensesSalaries$ 8,450,134$ 8,629,126Benefits$ 2,001,199$ 1,993,174Contract Labor$ 157,925$ 161,015Purchased Services $ 1,285,925$ 1,355,602Medical Director $ 162,909$ 167,207Telephone$ 586,985$ 596,466Meals & Entertainment $ 254,517$ 289,185Travel$ 126,951$ 141,561General Supplies $ 332,069$ 337,874Postage$ 53,760$ 57,383Building Expense$ 2,685,376$ 2,950,379Equipment Rents $ 363,302$ 429,694Repairs and Maintenance $ 337,711$ 366,311Insurance$ 644,384$ 715,563Utilities $ 504,959$ 556,226Total General and Administrative ExpensesNet Operating Expenses NET PROFIT (LOSS) before Interest, Taxes and Depreciation (EBITDA)NET PROFIT (LOSS) %2017CASH FLOW 2016RELEVANT FINANCIAL RATIOS 2016What is your average Daily Revenue?Return on Assets (ROA)Return on Assets (ROA)Assume your AR Days are 55, what is your Total AR?Return on Equity (ROE)Return on Equity (ROE)What is your Average Daily Expense?Current RatioCurrent RatioAssume your AP Days are 35, what is your total AP?Debt RatioDebt RatioBALANCE SHEET 2016ASSETS Cash and EquivalentsAssume 45 days of ExpensesAssume 45 days of Expenses Accounts Receivable$ - 0$ - 0 Inventory All SuppliesAssume 55 days of suppliesAssume 55 days of suppliesTotal Current AssetsFixed Assets:xxxxxxxxxxxxxxxxxxxxxxxxxxxx Bldg and Equipment$ 14,700,779$14,700,779Total AssetsLIABILITIES AND EQUITYCurrent Liabilitiesxxxxxxxxxxxxxxxxxxxxxxxxxxxx Accounts Payable$ - 0$0Long Term Debtxxxxxxxxxxxxxxxxxxxxxxxxxxxx Bldg and Equipment$ 8,149,152$8,149,152Total LiabilitiesEquityTotal Liabilities and EquityITEMSPOINT VALUEOccupany Calcs2Hospital Cols B & C3Variance (2014-2013) $ and %2PPD 2013 - 20142Cash flow 20142Balance Sheet Calculations5Relevant Financial Ratios4Sub-Total20
35879 Topic: Discussion6
Number of Pages: 1 (Double Spaced)
Number of sources: 1
Writing Style: APA
Type of document: Essay
Academic Level:Master
.
A General Manger of Harley-Davidson has to decide on the size of a.docxevonnehoggarth79783
A General Manger of Harley-Davidson has to decide on the size of a new facility. The GM has narrowed the choices to two: large facility or small facility. The company has collected information on the payoffs. It now has to decide which option is the best using probability analysis, the decision tree model, and expected monetary value.
Options:
Facility
Demand Options
Probability
Actions
Expected Payoffs
Large
Low Demand
0.4
Do Nothing
($10)
Low Demand
0.4
Reduce Prices
$50
High Demand
0.6
$70
Small
Low Demand
0.4
$40
High Demand
0.6
Do Nothing
$40
High Demand
0.6
Overtime
$50
High Demand
0.6
Expand
$55
Determination of chance probability and respective payoffs:
Build Small:
Low Demand
0.4($40)=$16
High Demand
0.6($55)=$33
Build Large:
Low Demand
0.4($50)=$20
High Demand
0.6($70)=$42
Determination of Expected Value of each alternative
Build Small: $16+$33=$49
Build Large: $20+$42=$62
Click here for the Statistical Terms review sheet.
Submit your conclusion in a Word document to the M4: Assignment 2 Dropbox byWednesday, November 18, 2015.
A General Manger of Harley
-
Davidson has to decide on the size of a new facility. The GM has narrowed
the choices to two: large facility or small facility. The company has collected information on the payoffs. It
now has to decide which option is the best u
sing probability analysis, the decision tree model, and
expected monetary value.
Options:
Facility
Demand
Options
Probability
Actions
Expected
Payoffs
Large
Low Demand
0.4
Do Nothing
($10)
Low Demand
0.4
Reduce Prices
$50
High Demand
0.6
$70
Small
Low Demand
0.4
$40
High Demand
0.6
Do Nothing
$40
High Demand
0.6
Overtime
$50
High Demand
0.6
Expand
$55
A General Manger of Harley-Davidson has to decide on the size of a new facility. The GM has narrowed
the choices to two: large facility or small facility. The company has collected information on the payoffs. It
now has to decide which option is the best using probability analysis, the decision tree model, and
expected monetary value.
Options:
Facility
Demand
Options
Probability Actions
Expected
Payoffs
Large Low Demand 0.4 Do Nothing ($10)
Low Demand 0.4 Reduce Prices $50
High Demand 0.6
$70
Small Low Demand 0.4
$40
High Demand 0.6 Do Nothing $40
High Demand 0.6 Overtime $50
High Demand 0.6 Expand $55
SAMPLING MEAN:
DEFINITION:
The term sampling mean is a statistical term used to describe the properties of statistical distributions. In statistical terms, the sample meanfrom a group of observations is an estimate of the population mean. Given a sample of size n, consider n independent random variables X1, X2... Xn, each corresponding to one randomly selected observation. Each of these variables has the distribution of the population, with mean and standard deviation. The sample mean is defined to be
WHAT IT IS USED FOR:
It is also used to measure central tendency of the numbers in a .
35880 Topic Discussion7Number of Pages 1 (Double Spaced).docxdomenicacullison
35880 Topic: Discussion7
Number of Pages: 1 (Double Spaced)
Number of sources: 1
Writing Style: APA
Type of document: Essay
Academic Level:Master
Category: Psychology
Language Style: English (U.S.)
Order Instructions: Attached
I will attach the instruction
Please follow them carefully
Discussion3: Please discuss, elaborate and give example on the topic below. Please use only the reference I attach. Please be careful with grammar and spelling. No running head please.
Author: Jackson, S.L. (2017). Statistics Plain and Simple (4th ed.): Cengage Learning
Topic:
You find out that the average 10th grade math score, for Section 6 of the local high school, is 87 for the 25 students in the class. The average test score for all 10th grade math students across the state is 85 for 1,800 students. The standard deviation for the state is 3.8.
Answer the following questions:
· What z score do you calculate?
· What is the area between the mean and the z score found in Appendix A of the textbook?
· What does this mean about the probability of this test score difference occurring by chance? Is it
less than 0.05?
Reference
Module 9: The Single-Sample z Test
The z Test: What It Is and What It Does
The Sampling Distribution
The Standard Error of the Mean
Calculations for the One-Tailed z Test
Interpreting the One-Tailed z Test
Calculations for the Two-Tailed z Test
Interpreting the Two-Tailed z Test
Statistical Power
Assumptions and Appropriate Use of the z Test
Confidence Intervals Based on the z Distribution
Review of Key Terms
Module Exercises
Critical Thinking Check Answers
Module 10: The Single-Sample t Test
The t Test: What It Is and What It Does
Student's t Distribution
Calculations for the One-Tailed t Test
The Estimated Standard Error of the Mean
Interpreting the One-Tailed t Test
Calculations for the Two-Tailed t Test
Interpreting the Two-Tailed t Test
Assumptions and Appropriate Use of the Single-Sample t Test
Confidence Intervals Based on the t Distribution
Review of Key Terms
Module Exercises
Critical Thinking Check Answers
Chapter 5 Summary and Review
Chapter 5 Statistical Software Resources
In this chapter, we continue our discussion of inferential statistics—procedures for drawing conclusions about a population based on data collected from a sample. We will address two different statistical tests: the z test and t test. After reading this chapter, engaging in the Critical Thinking checks, and working through the problems at the end of each module and at the end of the chapter, you should understand the differences between the two tests covered in this chapter, when to use each test, how to use each to test a hypothesis, and the assumptions of each test.
MODULE 9
The Single-Sample z Test
Learning Objectives
•Explain what a z test is and what it does.
•Calculate a z test.
•Explain what statistical power is and how to make statistical tests more powerful.
•List the assumptions of the z test.
•Calculate confidence intervals usi.
Answer the questions in one paragraph 4-5 sentences. · Why did t.docxboyfieldhouse
Answer the questions in one paragraph 4-5 sentences.
· Why did the class collectively sign a blank check? Was this a wise decision; why or why not? we took a decision all the class without hesitation
· What is something that I said individuals should always do; what is it; why wasn't it done this time? Which mitigation strategies were used; what other strategies could have been used/considered? individuals should always participate in one group and take one decision
SAMPLING MEAN:
DEFINITION:
The term sampling mean is a statistical term used to describe the properties of statistical distributions. In statistical terms, the sample meanfrom a group of observations is an estimate of the population mean. Given a sample of size n, consider n independent random variables X1, X2... Xn, each corresponding to one randomly selected observation. Each of these variables has the distribution of the population, with mean and standard deviation. The sample mean is defined to be
WHAT IT IS USED FOR:
It is also used to measure central tendency of the numbers in a database. It can also be said that it is nothing more than a balance point between the number and the low numbers.
HOW TO CALCULATE IT:
To calculate this, just add up all the numbers, then divide by how many numbers there are.
Example: what is the mean of 2, 7, and 9?
Add the numbers: 2 + 7 + 9 = 18
Divide by how many numbers (i.e., we added 3 numbers): 18 ÷ 3 = 6
So the Mean is 6
SAMPLE VARIANCE:
DEFINITION:
The sample variance, s2, is used to calculate how varied a sample is. A sample is a select number of items taken from a population. For example, if you are measuring American people’s weights, it wouldn’t be feasible (from either a time or a monetary standpoint) for you to measure the weights of every person in the population. The solution is to take a sample of the population, say 1000 people, and use that sample size to estimate the actual weights of the whole population.
WHAT IT IS USED FOR:
The sample variance helps you to figure out the spread out in the data you have collected or are going to analyze. In statistical terminology, it can be defined as the average of the squared differences from the mean.
HOW TO CALCULATE IT:
Given below are steps of how a sample variance is calculated:
· Determine the mean
· Then for each number: subtract the Mean and square the result
· Then work out the mean of those squared differences.
To work out the mean, add up all the values then divide by the number of data points.
First add up all the values from the previous step.
But how do we say "add them all up" in mathematics? We use the Roman letter Sigma: Σ
The handy Sigma Notation says to sum up as many terms as we want.
· Next we need to divide by the number of data points, which is simply done by multiplying by "1/N":
Statistically it can be stated by the following:
·
· This value is the variance
EXAMPLE:
Sam has 20 Rose Bushes.
The number of flowers on each b.
In this slide, variables types, probability theory behind the algorithms and its uses including distribution is explained. Also theorems like bayes theorem is also explained.
Complete the Frankfort-Nachmias and Leon-Guerrero (2018) SPSS®.docxbreaksdayle
Complete
the Frankfort-Nachmias and Leon-Guerrero (2018) SPSS® problems and chapter exercises listed below.
Ch. 6: Chapter Exercises 2, 4, 6, 8, and 12
Ch. 7: SPSS® Problem 2
Ch. 7: Chapter Exercises 2, 4, 6, 8, and 12
Include
your answers in a Microsoft® Word document.
Click
the Assignment Files tab to upload your assignment.
Please see Chapter 6 material.
Sampling and Sampling Distributions
Chapter Learning Objectives
Describe the aims of sampling and basic principles of probability
Explain the relationship between a sample and a population
Identify and apply different sampling designs
Apply the concept of the sampling distribution
Describe the central limit theorem
Until now, we have ignored the question of who or what should be observed when we collect data or whether the conclusions based on our observations can be generalized to a larger group of observations. In truth, we are rarely able to study or observe everyone or everything we are interested in. Although we have learned about various methods to analyze observations, remember that these observations represent a fraction of all the possible observations we might have chosen. Consider the following research examples.
Example 1:
The Muslim Student Association on your campus is interested in conducting a study of experiences with campus diversity. The association has enough funds to survey 300 students from the more than 20,000 enrolled students at your school.
Example 2:
Environmental activists would like to assess recycling practices in 2-year and 4-year colleges and universities. There are more than 4,700 colleges and universities nationwide.
1
Example 3:
The Academic Advising Office is trying to determine how to better address the needs of more than 15,000 commuter students, but determines that it has only enough time and money to survey 500 students.
The primary problem in each situation is that there is too much information and not enough resources to collect and analyze it.
Aims of Sampling
2
Researchers in the social sciences rarely have enough time or money to collect information about the entire group that interests them. Known as the
population
, this group includes all the cases (individuals, groups, or objects) in which the researcher is interested. For example, in our first illustration, there are more than 20,000 students; the population in the second illustration consists of 4,700 colleges and universities; and in the third illustration, the population is 15,000 commuter students.
Population
A group that includes all the cases (individuals, objects, or groups) in which the researcher is interested.
Fortunately, we can learn a lot about a population if we carefully select a subset of it. This subset is called a
sample
. Through the process of
sampling
—selecting a subset of observations from the population—we attempt to generalize the characteristics of the larger group (population) based on what we learn from the smaller group (t ...
Everything we see is distributed on some scale. Some people are tall, some short and some are neither tall nor short. Once we find out how many are tall, short or middle heighted we get to know how people are distributed when it comes to height. This distribution can also be of chances. For example, we throw, 100 times, an unbalanced dice and find out how many times 1,2,3,4,5 or 6 appeared on top. This knowledge of distribution plays an important role in empirical work.
3 PROBABILITY TOPICSFigure 3.1 Meteor showers are rare, .docxtamicawaysmith
3 | PROBABILITY TOPICS
Figure 3.1 Meteor showers are rare, but the probability of them occurring can be calculated. (credit: Navicore/flickr)
Introduction
Chapter Objectives
By the end of this chapter, the student should be able to:
• Understand and use the terminology of probability.
• Determine whether two events are mutually exclusive and whether two events are independent.
• Calculate probabilities using the Addition Rules and Multiplication Rules.
• Construct and interpret Contingency Tables.
• Construct and interpret Venn Diagrams.
• Construct and interpret Tree Diagrams.
It is often necessary to "guess" about the outcome of an event in order to make a decision. Politicians study polls to guess
their likelihood of winning an election. Teachers choose a particular course of study based on what they think students can
comprehend. Doctors choose the treatments needed for various diseases based on their assessment of likely results. You
may have visited a casino where people play games chosen because of the belief that the likelihood of winning is good. You
may have chosen your course of study based on the probable availability of jobs.
You have, more than likely, used probability. In fact, you probably have an intuitive sense of probability. Probability deals
with the chance of an event occurring. Whenever you weigh the odds of whether or not to do your homework or to study
for an exam, you are using probability. In this chapter, you will learn how to solve probability problems using a systematic
approach.
Your instructor will survey your class. Count the number of students in the class today.
• Raise your hand if you have any change in your pocket or purse. Record the number of raised hands.
CHAPTER 3 | PROBABILITY TOPICS 163
• Raise your hand if you rode a bus within the past month. Record the number of raised hands.
• Raise your hand if you answered "yes" to BOTH of the first two questions. Record the number of raised hands.
Use the class data as estimates of the following probabilities. P(change) means the probability that a randomly chosen
person in your class has change in his/her pocket or purse. P(bus) means the probability that a randomly chosen person
in your class rode a bus within the last month and so on. Discuss your answers.
• Find P(change).
• Find P(bus).
• Find P(change AND bus). Find the probability that a randomly chosen student in your class has change in his/her
pocket or purse and rode a bus within the last month.
• Find P(change|bus). Find the probability that a randomly chosen student has change given that he or she rode a
bus within the last month. Count all the students that rode a bus. From the group of students who rode a bus,
count those who have change. The probability is equal to those who have change and rode a bus divided by those
who rode a bus.
3.1 | Terminology
Probability is a measure that is associated with how certain we are of outcomes of a particular experiment or activity.
An e ...
F ProjHOSPITAL INPATIENT P & L20162017Variance Variance Per DC 20.docxmecklenburgstrelitzh
F ProjHOSPITAL INPATIENT P & L20162017Variance Variance %Per DC 2016Per DC 2017Total Number of Beds149149Maximum Occupancy55,74554,561Total Patient Days37,25037,926Actual Occupancy %ALOSDischarges by PayerMedicare/Medicaid4,9224,989Commercial Ins5,2415,099Private Pay/Bad Debt1,2801,162Total DischargesREVENUEGross Patient Revenue$ 161,325,872$ 135,365,715Contract Allowances, Uncollectables$ (84,696,083)$ (65,680,261) Net Patient RevenueMisc Income$ 378,530$ 303,233 NET REVENUEPatient Care Expenses Salaries $ 18,387,223$ 18,244,610Benefits $ 4,140,146$ 4,211,157Contract Labor $ 1,724,507$ 1,820,377Physician Contract Services$ 6,439,165$ 6,335,188Lab Services $ 1,589,648$ 1,575,808Radiology Services$ 2,336,043$ 2,343,920Rehabilitation Services$ 655,766$ 679,444General Supplies $ 653,941$ 689,766Medical Supplies $ 1,006,220$ 1,029,151Cost of Food $ 576,245$ 612,890Patient Transportation $ 35,324$ 36,031Total Patient Care ExpensesGeneral and Administrative ExpensesSalaries$ 8,450,134$ 8,629,126Benefits$ 2,001,199$ 1,993,174Contract Labor$ 157,925$ 161,015Purchased Services $ 1,285,925$ 1,355,602Medical Director $ 162,909$ 167,207Telephone$ 586,985$ 596,466Meals & Entertainment $ 254,517$ 289,185Travel$ 126,951$ 141,561General Supplies $ 332,069$ 337,874Postage$ 53,760$ 57,383Building Expense$ 2,685,376$ 2,950,379Equipment Rents $ 363,302$ 429,694Repairs and Maintenance $ 337,711$ 366,311Insurance$ 644,384$ 715,563Utilities $ 504,959$ 556,226Total General and Administrative ExpensesNet Operating Expenses NET PROFIT (LOSS) before Interest, Taxes and Depreciation (EBITDA)NET PROFIT (LOSS) %2017CASH FLOW 2016RELEVANT FINANCIAL RATIOS 2016What is your average Daily Revenue?Return on Assets (ROA)Return on Assets (ROA)Assume your AR Days are 55, what is your Total AR?Return on Equity (ROE)Return on Equity (ROE)What is your Average Daily Expense?Current RatioCurrent RatioAssume your AP Days are 35, what is your total AP?Debt RatioDebt RatioBALANCE SHEET 2016ASSETS Cash and EquivalentsAssume 45 days of ExpensesAssume 45 days of Expenses Accounts Receivable$ - 0$ - 0 Inventory All SuppliesAssume 55 days of suppliesAssume 55 days of suppliesTotal Current AssetsFixed Assets:xxxxxxxxxxxxxxxxxxxxxxxxxxxx Bldg and Equipment$ 14,700,779$14,700,779Total AssetsLIABILITIES AND EQUITYCurrent Liabilitiesxxxxxxxxxxxxxxxxxxxxxxxxxxxx Accounts Payable$ - 0$0Long Term Debtxxxxxxxxxxxxxxxxxxxxxxxxxxxx Bldg and Equipment$ 8,149,152$8,149,152Total LiabilitiesEquityTotal Liabilities and EquityITEMSPOINT VALUEOccupany Calcs2Hospital Cols B & C3Variance (2014-2013) $ and %2PPD 2013 - 20142Cash flow 20142Balance Sheet Calculations5Relevant Financial Ratios4Sub-Total20
35879 Topic: Discussion6
Number of Pages: 1 (Double Spaced)
Number of sources: 1
Writing Style: APA
Type of document: Essay
Academic Level:Master
.
A General Manger of Harley-Davidson has to decide on the size of a.docxevonnehoggarth79783
A General Manger of Harley-Davidson has to decide on the size of a new facility. The GM has narrowed the choices to two: large facility or small facility. The company has collected information on the payoffs. It now has to decide which option is the best using probability analysis, the decision tree model, and expected monetary value.
Options:
Facility
Demand Options
Probability
Actions
Expected Payoffs
Large
Low Demand
0.4
Do Nothing
($10)
Low Demand
0.4
Reduce Prices
$50
High Demand
0.6
$70
Small
Low Demand
0.4
$40
High Demand
0.6
Do Nothing
$40
High Demand
0.6
Overtime
$50
High Demand
0.6
Expand
$55
Determination of chance probability and respective payoffs:
Build Small:
Low Demand
0.4($40)=$16
High Demand
0.6($55)=$33
Build Large:
Low Demand
0.4($50)=$20
High Demand
0.6($70)=$42
Determination of Expected Value of each alternative
Build Small: $16+$33=$49
Build Large: $20+$42=$62
Click here for the Statistical Terms review sheet.
Submit your conclusion in a Word document to the M4: Assignment 2 Dropbox byWednesday, November 18, 2015.
A General Manger of Harley
-
Davidson has to decide on the size of a new facility. The GM has narrowed
the choices to two: large facility or small facility. The company has collected information on the payoffs. It
now has to decide which option is the best u
sing probability analysis, the decision tree model, and
expected monetary value.
Options:
Facility
Demand
Options
Probability
Actions
Expected
Payoffs
Large
Low Demand
0.4
Do Nothing
($10)
Low Demand
0.4
Reduce Prices
$50
High Demand
0.6
$70
Small
Low Demand
0.4
$40
High Demand
0.6
Do Nothing
$40
High Demand
0.6
Overtime
$50
High Demand
0.6
Expand
$55
A General Manger of Harley-Davidson has to decide on the size of a new facility. The GM has narrowed
the choices to two: large facility or small facility. The company has collected information on the payoffs. It
now has to decide which option is the best using probability analysis, the decision tree model, and
expected monetary value.
Options:
Facility
Demand
Options
Probability Actions
Expected
Payoffs
Large Low Demand 0.4 Do Nothing ($10)
Low Demand 0.4 Reduce Prices $50
High Demand 0.6
$70
Small Low Demand 0.4
$40
High Demand 0.6 Do Nothing $40
High Demand 0.6 Overtime $50
High Demand 0.6 Expand $55
SAMPLING MEAN:
DEFINITION:
The term sampling mean is a statistical term used to describe the properties of statistical distributions. In statistical terms, the sample meanfrom a group of observations is an estimate of the population mean. Given a sample of size n, consider n independent random variables X1, X2... Xn, each corresponding to one randomly selected observation. Each of these variables has the distribution of the population, with mean and standard deviation. The sample mean is defined to be
WHAT IT IS USED FOR:
It is also used to measure central tendency of the numbers in a .
35880 Topic Discussion7Number of Pages 1 (Double Spaced).docxdomenicacullison
35880 Topic: Discussion7
Number of Pages: 1 (Double Spaced)
Number of sources: 1
Writing Style: APA
Type of document: Essay
Academic Level:Master
Category: Psychology
Language Style: English (U.S.)
Order Instructions: Attached
I will attach the instruction
Please follow them carefully
Discussion3: Please discuss, elaborate and give example on the topic below. Please use only the reference I attach. Please be careful with grammar and spelling. No running head please.
Author: Jackson, S.L. (2017). Statistics Plain and Simple (4th ed.): Cengage Learning
Topic:
You find out that the average 10th grade math score, for Section 6 of the local high school, is 87 for the 25 students in the class. The average test score for all 10th grade math students across the state is 85 for 1,800 students. The standard deviation for the state is 3.8.
Answer the following questions:
· What z score do you calculate?
· What is the area between the mean and the z score found in Appendix A of the textbook?
· What does this mean about the probability of this test score difference occurring by chance? Is it
less than 0.05?
Reference
Module 9: The Single-Sample z Test
The z Test: What It Is and What It Does
The Sampling Distribution
The Standard Error of the Mean
Calculations for the One-Tailed z Test
Interpreting the One-Tailed z Test
Calculations for the Two-Tailed z Test
Interpreting the Two-Tailed z Test
Statistical Power
Assumptions and Appropriate Use of the z Test
Confidence Intervals Based on the z Distribution
Review of Key Terms
Module Exercises
Critical Thinking Check Answers
Module 10: The Single-Sample t Test
The t Test: What It Is and What It Does
Student's t Distribution
Calculations for the One-Tailed t Test
The Estimated Standard Error of the Mean
Interpreting the One-Tailed t Test
Calculations for the Two-Tailed t Test
Interpreting the Two-Tailed t Test
Assumptions and Appropriate Use of the Single-Sample t Test
Confidence Intervals Based on the t Distribution
Review of Key Terms
Module Exercises
Critical Thinking Check Answers
Chapter 5 Summary and Review
Chapter 5 Statistical Software Resources
In this chapter, we continue our discussion of inferential statistics—procedures for drawing conclusions about a population based on data collected from a sample. We will address two different statistical tests: the z test and t test. After reading this chapter, engaging in the Critical Thinking checks, and working through the problems at the end of each module and at the end of the chapter, you should understand the differences between the two tests covered in this chapter, when to use each test, how to use each to test a hypothesis, and the assumptions of each test.
MODULE 9
The Single-Sample z Test
Learning Objectives
•Explain what a z test is and what it does.
•Calculate a z test.
•Explain what statistical power is and how to make statistical tests more powerful.
•List the assumptions of the z test.
•Calculate confidence intervals usi.
Answer the questions in one paragraph 4-5 sentences. · Why did t.docxboyfieldhouse
Answer the questions in one paragraph 4-5 sentences.
· Why did the class collectively sign a blank check? Was this a wise decision; why or why not? we took a decision all the class without hesitation
· What is something that I said individuals should always do; what is it; why wasn't it done this time? Which mitigation strategies were used; what other strategies could have been used/considered? individuals should always participate in one group and take one decision
SAMPLING MEAN:
DEFINITION:
The term sampling mean is a statistical term used to describe the properties of statistical distributions. In statistical terms, the sample meanfrom a group of observations is an estimate of the population mean. Given a sample of size n, consider n independent random variables X1, X2... Xn, each corresponding to one randomly selected observation. Each of these variables has the distribution of the population, with mean and standard deviation. The sample mean is defined to be
WHAT IT IS USED FOR:
It is also used to measure central tendency of the numbers in a database. It can also be said that it is nothing more than a balance point between the number and the low numbers.
HOW TO CALCULATE IT:
To calculate this, just add up all the numbers, then divide by how many numbers there are.
Example: what is the mean of 2, 7, and 9?
Add the numbers: 2 + 7 + 9 = 18
Divide by how many numbers (i.e., we added 3 numbers): 18 ÷ 3 = 6
So the Mean is 6
SAMPLE VARIANCE:
DEFINITION:
The sample variance, s2, is used to calculate how varied a sample is. A sample is a select number of items taken from a population. For example, if you are measuring American people’s weights, it wouldn’t be feasible (from either a time or a monetary standpoint) for you to measure the weights of every person in the population. The solution is to take a sample of the population, say 1000 people, and use that sample size to estimate the actual weights of the whole population.
WHAT IT IS USED FOR:
The sample variance helps you to figure out the spread out in the data you have collected or are going to analyze. In statistical terminology, it can be defined as the average of the squared differences from the mean.
HOW TO CALCULATE IT:
Given below are steps of how a sample variance is calculated:
· Determine the mean
· Then for each number: subtract the Mean and square the result
· Then work out the mean of those squared differences.
To work out the mean, add up all the values then divide by the number of data points.
First add up all the values from the previous step.
But how do we say "add them all up" in mathematics? We use the Roman letter Sigma: Σ
The handy Sigma Notation says to sum up as many terms as we want.
· Next we need to divide by the number of data points, which is simply done by multiplying by "1/N":
Statistically it can be stated by the following:
·
· This value is the variance
EXAMPLE:
Sam has 20 Rose Bushes.
The number of flowers on each b.
In this slide, variables types, probability theory behind the algorithms and its uses including distribution is explained. Also theorems like bayes theorem is also explained.
Complete the Frankfort-Nachmias and Leon-Guerrero (2018) SPSS®.docxbreaksdayle
Complete
the Frankfort-Nachmias and Leon-Guerrero (2018) SPSS® problems and chapter exercises listed below.
Ch. 6: Chapter Exercises 2, 4, 6, 8, and 12
Ch. 7: SPSS® Problem 2
Ch. 7: Chapter Exercises 2, 4, 6, 8, and 12
Include
your answers in a Microsoft® Word document.
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the Assignment Files tab to upload your assignment.
Please see Chapter 6 material.
Sampling and Sampling Distributions
Chapter Learning Objectives
Describe the aims of sampling and basic principles of probability
Explain the relationship between a sample and a population
Identify and apply different sampling designs
Apply the concept of the sampling distribution
Describe the central limit theorem
Until now, we have ignored the question of who or what should be observed when we collect data or whether the conclusions based on our observations can be generalized to a larger group of observations. In truth, we are rarely able to study or observe everyone or everything we are interested in. Although we have learned about various methods to analyze observations, remember that these observations represent a fraction of all the possible observations we might have chosen. Consider the following research examples.
Example 1:
The Muslim Student Association on your campus is interested in conducting a study of experiences with campus diversity. The association has enough funds to survey 300 students from the more than 20,000 enrolled students at your school.
Example 2:
Environmental activists would like to assess recycling practices in 2-year and 4-year colleges and universities. There are more than 4,700 colleges and universities nationwide.
1
Example 3:
The Academic Advising Office is trying to determine how to better address the needs of more than 15,000 commuter students, but determines that it has only enough time and money to survey 500 students.
The primary problem in each situation is that there is too much information and not enough resources to collect and analyze it.
Aims of Sampling
2
Researchers in the social sciences rarely have enough time or money to collect information about the entire group that interests them. Known as the
population
, this group includes all the cases (individuals, groups, or objects) in which the researcher is interested. For example, in our first illustration, there are more than 20,000 students; the population in the second illustration consists of 4,700 colleges and universities; and in the third illustration, the population is 15,000 commuter students.
Population
A group that includes all the cases (individuals, objects, or groups) in which the researcher is interested.
Fortunately, we can learn a lot about a population if we carefully select a subset of it. This subset is called a
sample
. Through the process of
sampling
—selecting a subset of observations from the population—we attempt to generalize the characteristics of the larger group (population) based on what we learn from the smaller group (t ...
Everything we see is distributed on some scale. Some people are tall, some short and some are neither tall nor short. Once we find out how many are tall, short or middle heighted we get to know how people are distributed when it comes to height. This distribution can also be of chances. For example, we throw, 100 times, an unbalanced dice and find out how many times 1,2,3,4,5 or 6 appeared on top. This knowledge of distribution plays an important role in empirical work.
3 PROBABILITY TOPICSFigure 3.1 Meteor showers are rare, .docxtamicawaysmith
3 | PROBABILITY TOPICS
Figure 3.1 Meteor showers are rare, but the probability of them occurring can be calculated. (credit: Navicore/flickr)
Introduction
Chapter Objectives
By the end of this chapter, the student should be able to:
• Understand and use the terminology of probability.
• Determine whether two events are mutually exclusive and whether two events are independent.
• Calculate probabilities using the Addition Rules and Multiplication Rules.
• Construct and interpret Contingency Tables.
• Construct and interpret Venn Diagrams.
• Construct and interpret Tree Diagrams.
It is often necessary to "guess" about the outcome of an event in order to make a decision. Politicians study polls to guess
their likelihood of winning an election. Teachers choose a particular course of study based on what they think students can
comprehend. Doctors choose the treatments needed for various diseases based on their assessment of likely results. You
may have visited a casino where people play games chosen because of the belief that the likelihood of winning is good. You
may have chosen your course of study based on the probable availability of jobs.
You have, more than likely, used probability. In fact, you probably have an intuitive sense of probability. Probability deals
with the chance of an event occurring. Whenever you weigh the odds of whether or not to do your homework or to study
for an exam, you are using probability. In this chapter, you will learn how to solve probability problems using a systematic
approach.
Your instructor will survey your class. Count the number of students in the class today.
• Raise your hand if you have any change in your pocket or purse. Record the number of raised hands.
CHAPTER 3 | PROBABILITY TOPICS 163
• Raise your hand if you rode a bus within the past month. Record the number of raised hands.
• Raise your hand if you answered "yes" to BOTH of the first two questions. Record the number of raised hands.
Use the class data as estimates of the following probabilities. P(change) means the probability that a randomly chosen
person in your class has change in his/her pocket or purse. P(bus) means the probability that a randomly chosen person
in your class rode a bus within the last month and so on. Discuss your answers.
• Find P(change).
• Find P(bus).
• Find P(change AND bus). Find the probability that a randomly chosen student in your class has change in his/her
pocket or purse and rode a bus within the last month.
• Find P(change|bus). Find the probability that a randomly chosen student has change given that he or she rode a
bus within the last month. Count all the students that rode a bus. From the group of students who rode a bus,
count those who have change. The probability is equal to those who have change and rode a bus divided by those
who rode a bus.
3.1 | Terminology
Probability is a measure that is associated with how certain we are of outcomes of a particular experiment or activity.
An e ...
In the last column we discussed the use of pooling to get a beMalikPinckney86
In the last column we discussed the use of pooling to get a better
estimate of the standard deviation of the measurement method, es-
sentially the standard deviation of the raw data. But as the last column
implied, most of the time individual measurements are averaged and
decisions must take into account another standard deviation, the stan-
dard deviation of the mean, sometimes called the “standard error” of the
mean. It’s helpful to explore this statistic in more detail: fi rst, to under-
stand why statisticians often recommend a “sledgehammer” approach
to data collection methods; and, second, to see that there might be a
better alternative to this crude tactic. We’ll also see how to answer the
question, “How big should my sample size be?”
For the next few columns, we need to discuss in more detail the ways
statisticians do their theoretical work and the ways we use their results.
I often say that theoretical statisticians live on another planet (they don’t,
of course, but let’s say Saturn), while those of us who apply their results
live on Earth. Why do I say that? Because a lot of theoretical statistics
makes the unrealistic assumption that there is an infi nite amount of data
available to us (statisticians call it an infi nite population of data). When we
have to pay for each measurement, that’s a laughable assumption. We’re
often delighted if we have a random sample of that data, perhaps as many
as three replicate measurements from which we can calculate a mean.
That last sentence contains a telling phrase: “a random sample of that
data.” Statisticians imagine that the infi nite population of data contains
all possible values we might get when we make measurements. Statisti-
cians view our results as a random draw from that infi nite population of
possible results that have been sitting there waiting for us. If we were
to make another set of measurements on the same sample, we’d get
a different set of results. That doesn’t surprise the statisticians (and it
shouldn’t surprise us if we adopt their view)—it’s just another random
draw of all the results that are just waiting to appear.
On Saturn they talk about a mean, but they call it a “true” mean. They
don’t intend to imply that they have a pipeline to the National Institute
of Standards and Technology and thus know the absolutely correct value
for what the mean represents. When they call it a “true mean,” they’re
just saying that it’s based on the infi nite amount of data in the popula-
tion, that’s all.
Statisticians generally use Greek letters for true values—μ for a true
mean, σ for a true standard deviation, δ for a true diff erence, etc.
The technical name for these descriptors (μ, σ, δ) is parameters. You’ve
probably been casual about your use of this word, employing it to refer to,
Statistics in the Laboratory:
Standard Deviation of the Mean
say, the pH you’re varying in your experiments, or the yield you get ...
4 CREATING GRAPHS A PICTURE REALLY IS WORTH A THOUSAND WORDS4 M.docxgilbertkpeters11344
4 CREATING GRAPHS A PICTURE REALLY IS WORTH A THOUSAND WORDS
4: MEDIA LIBRARY
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In the previous two chapters, you learned about the two most important types of descriptive statistics—measures of central tendency and measures of variability. Both of these provide you with the one best number for describing a group of data (central tendency) and a number reflecting how diverse, or different, scores are from one another (variability).
What we did not do, and what we will do here, is examine how differences in these two measures result in different-looking distributions. Numbers alone (such as M = 3 and s = 3) may be important, but a visual representation is a much more effective way of examining the characteristics of a distribution as well as the characteristics of any set of data.
So, in this chapter, we’ll learn how to visually represent a distribution of scores as well as how to use different types of graphs to represent different types of data.
CORE CONCEPTS IN STATS VIDEO
Examining Data: Tables and Figures
X-TIMESTAMP-MAP=LOCAL: Examining data helps find data entry errors, evaluate research methodology, identify outliers, and determine the shape of a distribution in a data set. Researchers typically examine collected data in two ways, by creating tables and figures. Imagine you asked a group of friends to rate a movie they've seen on a one to five scale. A table helps identify the variable and the possible values of the variable. The sample size, often referred to as n, is 14 because there are ratings reported from 14 people. This is how large the total sample is. From this, we can determine how many in the sample have each value of the variable. We can also determine the percentage that the sample has of each possible value. Figures display variables from the table. Nominal and ordinal variables can be depicted with bar charts, while interval and ratio variables can be depicted using histograms and frequency polygons. For this data set, we can use a bar chart. Distributions of data can be characterized along three aspects or dimensions, modality, symmetry, and variability. In a unimodal distribution, a small range of values has the greatest frequency or mode of the set. However, it's possible for a distribution to have more than one mode. For a bimodal distribution, we see two values that seem to occur w.
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Adjusting primitives for graph : SHORT REPORT / NOTESSubhajit Sahu
Graph algorithms, like PageRank Compressed Sparse Row (CSR) is an adjacency-list based graph representation that is
Multiply with different modes (map)
1. Performance of sequential execution based vs OpenMP based vector multiply.
2. Comparing various launch configs for CUDA based vector multiply.
Sum with different storage types (reduce)
1. Performance of vector element sum using float vs bfloat16 as the storage type.
Sum with different modes (reduce)
1. Performance of sequential execution based vs OpenMP based vector element sum.
2. Performance of memcpy vs in-place based CUDA based vector element sum.
3. Comparing various launch configs for CUDA based vector element sum (memcpy).
4. Comparing various launch configs for CUDA based vector element sum (in-place).
Sum with in-place strategies of CUDA mode (reduce)
1. Comparing various launch configs for CUDA based vector element sum (in-place).
Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
2. Your life is surrounded by numbers. Marks you scored, runs you made, your
height, your weight. All these numbers are nothing but data. Here we will learn
what is data and how to organise and represent this data in forms of graphs
and charts. We will also come across the concept of probability. Let us get
started.
What is meant by data?
Any bit of information that is expressed in a value or numerical number is
data. For example, the number of cars that pass through a bridge in a day is
also data. Data is basically a collection of information, measurement or
observations.
INTRODUCTION TO GRAPHS
3. TYPES OF DATA
There are 3 types of data :
Raw data :
Raw data which is an initial collection of information this is the information which has not yet been
organized. the very first step of data collection is that you will collect raw data. For example, we go
around and ask a group of five friends their favorite colour. The answers are Blue, Green, Blue, Red,
and Red. This collection of information is called raw data.
Discrete data :
Discrete data is the data which is recorded in whole numbers, like the number of children in a school
or number of tigers in a zoo. It cannot be in decimals or fractions.
Continuous data :
Continuous data. Continuous data need not be in whole numbers, it can be in decimals Example are
the temperature in a city for a week, your percentage of marks for the last exam.
4. FREQUENCY
What is frequency?
The frequency of any value is the number of times that value appears in a data set. So from the
above examples of colours, we can say two children like the colour blue, so its frequency is two. So
to make meaning of the raw data, we must organize. And finding out the frequency of the data values
is how this organisation is done.
Frequency distribution
Many times it is not easy or feasible to find the frequency of data from a very large dataset. So to
make sense of the data we make a frequency table and graphs. Let us take the example of the
heights of ten students in cms.
139, 145, 150, 145, 136, 150, 152, 144, 138,
5. This frequency table will help us make better sense of the data given. Also when the data set is too
big (say if we were dealing with 100 students) we use tally marks for counting. It makes the task more
organised and easy. Below is an example of how we use tally marks.
Using the same above example we can make the following graph:
6. Types of frequency distribution
There 5 types of Frequency distributions which is :
Grouped frequency distribution.
Ungrouped frequency distribution.
Cumulative frequency distribution.
Relative frequency distribution.
Relative cumulative frequency distribution.
7. Grouped frequency distribution :
Grouped frequency is the frequency where several numbers are grouped together.
Grouped frequency distribution helps to organize the data more clearly. It is more
useful when the scores have multiple values.
Example :
These are the numbers of newspapers sold at a local shop over the last 10 days:
22, 20, 18, 23, 20, 25, 22, 20, 18, 20 Let us count how many of each number there is:
Papers Sold Frequency
18 2
19 0
20 4
21 0
22 2
23 1
24 0
25 1
It is also possible to group the values. Here they are grouped in 5s:
Papers Sold Frequency
15-19 2
20-24 7
8. Ungrouped frequency distribution :
Then, a cumulative frequency distribution is the sum of the class and all classes below it in a
frequency distribution. All that means is you’re adding up a value and all of the values that came before
it.
Here’s a simple example: You get paid $250 for a week of work. The second week you get paid $300 and
the third week, $350. Your cumulative amount for week 2 is $550 ($300 for week 2 and $250 for week
1). Your cumulative amount for week 3 is $900 ($350 for week 3, $300 for week 2 and $250 for week 1).
Relative frequency distribution :
This relative frequency distribution table shows how people’s heights are distributed.
Note that in the right column, the frequencies (counts)
have been turned into relative frequencies (percents).
How you do this:
Count the total number of items. In this chart the total is 40.
Divide the count (the frequency) by the total number.
For example, 1/40 = .025 or 3/40 = .075.
9. cumulative relative frequency distribution :
The cumulative relative frequency distribution of a quantitative variable is a summary of frequency
proportion below a given level.
The relationship between cumulative frequency and relative cumulative frequency is:
Why are frequency distributions important?
Frequency distribution has great importance in statistics. Also, a well-structured frequency
distribution makes possible a detailed analysis of the structure of the population with respect to
given characteristics. Therefore, the groups into which the population break down can be
determined.
10. Probability
What is probability?
Do you ever leave anything to ‘chance’? Like perhaps leave out a chapter from your revision
because it ‘probably’ won’t come in an exam? These terms ‘chance’ and ‘probability’ can actually
be expressed in mathematical terms. Come let us take a closer look at probability and the
probability formula .
Let us explain both these concepts with an example. You have gathered your friends to come and
play a friendly board game. It is your turn to roll the dice. You really need a six to win the whole
game. Is there any way to guarantee that you will roll a six? Of course , there isn’t. What are the
chances you will roll a six.
Well if you apply the basic logic you will realize you have a one in six chance of rolling a six.
Now based on the above example let us look at some concepts of probability. Probability can
simply be said to be the chance of something happening, or not happening. So the chance of
an occurrence of a somewhat likely event is what we call probability. In the example given above
the chance of rolling a six was 1:6. That was its probability.
11. Some concepts related to Probability.
First is Random experiment
Second is Sample space
Third is an Event
Fourth is Equally likely Events
Fifth is Occurrence of an Event
What is experiment?
A process which results in some well-defined outcome
is known as an experiment Here you rolling the dice
was the random experiment since the outcome 1, 2, 3,
4, 5, or 6. It cannot be predicted in advance, making the
rolling of dice a random experiment.
All possible outcomes or results of an experiment make up its
sample space. So the sample space of the above example will
be, S = { 1,,2,3,4,5,6}. Since a dice once thrown can give you
only one of these six results.
12. When a particular event occurs, like for example the dice lands on a six, we can say an
event has occurred. So we can say every possible outcome of a random experiment is
an event
Let us now change our example. Say you are now tossing an ordinary coin. Every time you
toss it either it lands on heads or on tails. Every time the coin gets tossed there is a 50%
chance of heads and 50% chance of tails. Both events are equally likely, i.e. they have an
equal chance of happening. This is what we call equally likely events.
A particular event will be said to occur if this event E is a part of the Sample space S, and
such an event E actually happens. So in the above experiment, if you actually roll a six, the
event will have occurred.
A particular event will be said to occur if this event E is a part of the Sample space S, and
such an event E actually happens. So in the above experiment, if you actually roll a six, the
event will have occurred.
13. Now that we have seen the concepts related to probability, let us see how it is actually calculated.
To see what are the chances that an event will occur is what probability is. Now it is important to
remember that we can only calculate mathematical probability of a random experiment. The
equation of probability is as follows:
P = Number of desirable events ÷ Total number of outcomes
Using this formula let us calculate the probability of the above example. Here the desirable event is
that your dice lands on a six, so there is only one desirable event. And the total number of possible
results, i.e. the sample space, is six. So we can calculate the probability, using the probability
formula as,
P = 1/6
14. Arithmetic mean
Suppose the principal of your school asks your class teacher that how was the score of your class this
time? What do you think is the teacher going to do? Do you think that the teacher is going to actually read
out the individual score of all the students? NO!!! What the teacher does is, the teacher will tell the
average score of the class instead of saying the individual score. So the principal gets an idea regarding
the performance of the students. So let us now study the topic arithmetic mean in detail.
In general language arithmetic mean is same as the average of data. It is the representative value of the
group of data. Suppose we are given ‘ n ‘ number of data and we need to compute the arithmetic mean, all
that we need to do is just sum up all the numbers and divide it by the total numbers. Let us understand
this with an example:
There are two sisters, with different heights. The height of the younger sister is 128 cm and height of the
elder sister us 150cm. So what if you want to know the average height of the two sisters? What if you are
asked to find out the mean of the heights? As their total height is divided into two equal parts,
So 139 cm is the average height of the sisters. Here 150 > 139 > 128. Also, the average value also lies in
between the minimum value and the maximum value.
15. Formula for Arithmetic Mean
Mean =Sum of all observations
Number of observations
Median and mode
Median
The number of students in your classroom, the money of money your parents earns, the
temperature in your city are all important numbers. But how can you get the information of
the number of students in your school or the amount earned by the citizen of your entire
city? This is where median and mode comes is useful. So let us now study median and
mode in detail. To define the median in one sentence we can say that the median gives us
the midpoint of the data. What do you mean by the midpoint ? Suppose you have ‘n’
number of data, then arrange these numbers in ascending or descending order. Just pick
the midpoint from the particular series. The very first thing to be done with raw data is to
arrange them in ascending or descending order .
In Layman’s term :
Median = the middle number
16. The median number varies according to the total number being
odd or even. Initially let us assume the number as the odd
number. Now if we have numbers like 12, 15, 21, 27, 35. So
here we can say that the midpoint here is 21 .