MHA FPX 5017 Assessment 4

    Presenting Statistical Results for Decision Making

     Introduction 

    MHA FPX 5017 Assessment 4 A consistent and effective presentation of evidence -based data collection is important when communicating with health professionals. Health services researchers use several regression analysis to evaluate the strength in the relationship between a dependent variable and several prophet variables. Given the dynamic nature of health services, understanding and presenting data is necessary to identify trends, whether positive or negative. Recovery analysis is an effective statistical method for analyzing therapy data, which enables identification and properties for relationships between many factors. However, if decision data fails to understand the results of the analysis, the usefulness is compromised. The process of data analysis begins by understanding problems, goals and intended functions. As a result, the analysis provides evidence to support or refute the assumed ideas (Davenport, 2014).

    Regression Method

    The multiple regression equation is represented as x1, x2, …, xk k represents dependent variables, where x1, x2, …, xk k represents dependent variables, where x1, x2, …, xk k represents the dependent variable. Several regression analyses enable clear control of many other factors that affect the variables together. Through regression analysis, one or more independent variables are compared to a dependent variable, and based on a linear combination of prophets, an estimated value is calculated for the criteria. Recovery analysis meets two primary goals in science: including prediction, classification and clarification (Palmer and O’Connell, 2009).

    MHA FPX 5017 Assessment 4 Presenting Statistical Results for Decision Making

      Regression Statistics

    As illustrated in Fig. 1, several statistics are employed to evaluate the fit of a regression model, indicating how well it aligns with the data.

    Multiple R 

    Correlation coefficients, many years, measure the strength of linear relationships between the prophet vary and response variables. A multiple R of 1 reflects an ideal linear relationship, while several years of 0 reveal that there is no linear relationship (Cruce et al., 2021).

     R Squared

    MHA FPX 5017 Assessment 4 The coefficient of determination, also known as R2, represents the variance explained by a prophet -variable, represents the variance between the response variable. An R2 of 1 indicates that regression conditions perfectly match data. The R2 value of 11.3% means that the response variable can be explained perfectly with the Prophet Variable (Cruce et al., 2021; Ship et al., 2019).

    ANOVA 

    In Figure 2, ANOVA, F-statistics P-value, which is at the bottom of the table, is important to determine the general meaning of the regression model. If PE-human significance is lower than the level (usually 0.05), there is enough evidence to conclude that the regression model fits better data than models without prophecy. Thus, the prophets increase the fit (Cruce et al., 2021; Ship et al., 2019) by the variable model. In Figure 3, in the regression model, coefficient estimates, standard errors, P-people and confidence intervals are presented for each term. Each term receives a coefficient estimate, standard error estimate, T-statistics, p-value and confidence interval (Ship et al., 2019).

     Conclusion 

    According to several regression results, the variable is considered to be 11.31% for variance, indicating that the changed costs will increase by 11.31%. Health professionals are constantly seeking ways to reduce the cost of maintaining high quality care for their patients. Important impact of the model, below 0.05, guarantee in decision -making (Ship et al., 2019).

    References 

    Devanport, T. H. (2014). A future analysis primer. Harvard Business Review Digital Articles, 2-4. https://web-bscohostcom.library.capella.edu/ehost/ehost/pdfviewer/pdfviewerjvir?Stark, G. B., and Simunovic, F. (2021). The efficiency and cost-benefit analysis of magnetic resonance imaging in the follower of the extreme and soft tissue sarcoma in the trunk. Oncology Journal, 2021. Https://doi.org/10.1155/2021/5580431