Question

The Joint Commission has told your Hospital CEO that they have found a Positive trend( Bad)...

The Joint Commission has told your Hospital CEO that they have found a Positive trend( Bad) between Knee Surgeries and Infections. They have used linear correlation to come up with these findings. He has asked you to write a paper on covariance so he will have a better understanding of their findings

Homework Answers

Answer #1

Firstly, we should have basic idea about covariance and correlation that is given as,

A measure used to indicate the extent to which two random variables change in tandem is known as covariance. A measure used to represent how strongly two random variables are related known as correlation. Covariance is nothing but a measure of correlation. On the contrary, correlation refers to the scaled form of covariance. correlation is dimensionless, i.e. it is a unit-free measure of the relationship between variables. Covariance is affected by the change in scale.

If the covariance is know in between knee surgaries and infections then it will be more easy and better understanding to know the relation of report as compare to correlation becasue covariance is affected by the change in scale and covariance is unit measure of the relationship between variables.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You are on a Mock Joint Commission Survey Team for the hospital. The hospital will conduct...
You are on a Mock Joint Commission Survey Team for the hospital. The hospital will conduct an unannounced mock survey in the next 3 months. The team leader has asked you to bring suggestions of activities to include in the upcoming internal (mock) survey to share at the next meeting. You want to include activities that simulate a real Joint Commission on-site survey. You have several ideas from networking with your peers on the regional and state levels of your...
Task In your accounting career you will be required to analyse current accounting issues and communicate...
Task In your accounting career you will be required to analyse current accounting issues and communicate your theoretical understanding to your professional colleagues and your clients. For this assignment assume that you are the senior accountant working for a major firm. Question 1 - 9 marks (1,500 words) The CEO has forwarded to you an interesting article and requires you to provide her with a deeper theoretical understanding of the issues discussed so that she can fully engage in the...
Read the attached articles about the proposed merger of Xerox and Fujifilm. Utilizing your knowledge of...
Read the attached articles about the proposed merger of Xerox and Fujifilm. Utilizing your knowledge of external and internal analysis, business and corporate strategy, and corporate governance, please discuss the following questions: 1. What is the corporate strategy behind the merger of Xerox and Fujifilm? 2. Why did Xerox agree to the merger? Is this a good deal for Xerox? Discuss the benefits and challenges they face with the merger. 3. Why did Fujifilm agree to the merger? Discuss the...
1) Describe an example of each of the following that may be found of your kitchen:...
1) Describe an example of each of the following that may be found of your kitchen: Explain how your choice falls into this category, and if there is a chemical name or symbol for it, provide that as well. Provide a photo of your example with your ID card in it. a) a compound b) a heterogeneous mixture c) an element (symbol) Moving to the Caves… Lechuguilla Caves specifically. Check out this picture of crystals of gypsum left behind in...
Consumerization of Technology at IFG3 “There’s good news and bad news,” Josh Novak reported to the...
Consumerization of Technology at IFG3 “There’s good news and bad news,” Josh Novak reported to the assembled IT management team at their monthly status meeting. “The good news is that our social media traffic is up 3000% in the past two years. Our new interactive website, Facebook presence, and our U-Tube and couponing promotions have been highly successful in driving awareness of our ‘Nature’s Glow’ brand and are very popular with our target demographic—the under-30s. Unfortunately, the bad news is...
PLEASE READ THE ARTICLES ATTACHED AND ANSWER THE FOLLOWING QUESTION. THE ARTICLES ARE BOTH LISTED PLEASE...
PLEASE READ THE ARTICLES ATTACHED AND ANSWER THE FOLLOWING QUESTION. THE ARTICLES ARE BOTH LISTED PLEASE PROVIDE DETAILED EXPLANATIONS. PLEASE WRITE ONE REFLECTION COMBINING BOTH ARTICLES. The purpose of the Article Reflection is to deepen your engagement with the topic of Epidemiology. It will give you the opportunity to reflect on the current real-life epidemiological issues at hand and help to bring meaning to them. ARTICLE 1: A group of students knew they had covid-19. They hosted a party over...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described itself as "a quarterly survey of business leaders from across the globe … surveying 11,500 businesses in 40 economies across the globe on an annual basis." 1 According to the 2011 IBR, the Asia Pacific region had a higher percentage (27 percent) of female chief executive officers (CEOs) than Europe and North America. Japan is the only Asia Pacific region exception. The report further...
There are two reflective essays from MED students during their third year internal medicine clerkship. One...
There are two reflective essays from MED students during their third year internal medicine clerkship. One student sees each connection to a patient as like the individual brush strokes of an artist and the other sees gratitude in a patient with an incurable illness and is moved to gratitude in her own life. (WORD COUNT 500) Reflect on both essays and then choose one and describe how the student grew from the experience. Then explain what you learned as a...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT