Get help for Strayer-University MAT 543 Homework Help. Discuss the importance of efficiency and effectiveness as key managerial interests, and analyze the primary conditions for each. Assess whether or not the general systems model is a good approach for health services administration. Choose one (1) of the statistical tests presented in Chapter 2, and provide a real-world example in which it is applicable. Explain why the test is appropriate for the example. Conclude why reporting results with a margin of error is more informational than just the point estimate, such as the sample mean. Provide support for your rationale. Suggest the major benefits of utilizing a flow chart to define and improve a work process. Outline the key steps required to construct and develop an effective flow chart. Determine why one should include time value of money in any financial decision. Elaborate on how this will facilitate better financial decision making. Compare and contrast the major strengths and weaknesses of analytic and nonanalytic forecasting. Provide one (1) example of each method being used in a real-world scenario to support your answer.
Discuss the importance of the four (4) guiding principles of forecasting. Next, select one (1) principle and discuss how to apply it in a real world scenario. Outline the primary conditions in which regression is a useful and applicable forecasting tool. Provide one (1) example of such a condition to support your answer. 1. Explain each step in the forecasting process for each method. 2. Provide a brief summary of your researched health services organizations implementing the forecasting methods. 3. Provide a forecast of the number of clinic visits for November 2008 using each method of the forecasting process. 4. Conclude which forecasting method provides the best forecast, and provide a rationale for your conclusion. Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. Evaluate forecasting strategies and methods. Use technology and information resources to research issues in quantitative methods for health services. Write clearly and concisely about quantitative methods for health services using proper writing mechanics. Argue why capacity analysis is important in a health services environment. Provide one (1) example of this importance in a health services environment to support your argument. Evaluate the importance of applications of queuing theory in a health services environment. Provide one (1) example of this importance to support your evaluation.
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