Statistics Summary Research Paper Example | Topics and Well Written Essays - 250 words

Statistics Summary - Research Paper Example Quantitative statistics however defines categorical measures that only identify data but does not induce a numeric value (Mann, 2010). There also exist four levels of statistics, nominal, ordinal, interval, and ratio levels. Nominal level only has identity property. Ordinal level of measurement has both identity and dimension properties, interval level identifies statistics and measures dimension with equal distance between consecutive variables while ratio level of measurement has a true zero besides properties of interval level of statistics (Babbie, 2010). The role of statistics in business decision making involve research and evaluation of data on alternatives to a problem with the aim of understanding the alternatives for informed decision (Mann, 2010). Statistics could be used to investigate effectiveness of a marketing strategy on an organization’s level of sales. Identification of significant effectiveness in a pilot study, through test of hypothesis, would suggest implementation the strategy while lack of significant effectiveness would mean that the marketing strategy would not promote sales and should not be implemented (Mann,

Choose 2 questions Assignment Example | Topics and Well Written Essays - 500 words

Choose 2 questions - Assignment Example The law that I would want reviewed or repealed is the antitrust laws. This is because they need to elaborate to ensure that they make way for the organizations to be accountable. The act has a loophole because competing hospital system can decide to come together and share pricing information meaning that they will impose more money on the patients. However, under the Sherman Act section one it is illegal to raise prices, but when hospital organizations come together to lower prices they cannot be held accountable (Harris & American Bar Association, 2001). Therefore, it is imperative that the federal government corrects that mistake to ensure that the hospital organizations are regulated to ensure that they do not overprice their patients. This is because some of them may not even have the ability to pay for the little that is being asked by the hospital. Additionally, the issue of raising prices because of market dominance is not a role given to the Medicare as they set their prices unilaterally. Case law in the health care system have played a major role as precedents. This is because the federal and state courts have used them as reference to establish whether they have the same legal basis; hence, making it easy for them to solve problems. For example, the case of Roe v. Wade has helped many jurisdiction to determine whether it is morally and ethically right to terminate a pregnancy and at what stage (Hyatt & Hopkins, 2012). This case has allowed the enactment of statutes that have safeguarded and guarantee the equal rights of women. Therefore, without the case law the justice system would delay in finding the correct way to make a ruling. For that reason, it is clear that case laws in the health care system have an imperative role in creating precedents that can be used. In my opinion, the case law that should be