¶ … inferential statistic tests used in study. What were these tests typically used for? Why were they chosen here?
The objective of the study was to analyze the true costs of hypertensions. The researchers did this by analyzing the data of four patient groups using propensity score matching to control for possible bias in cost estimates. The regression model that followed estimated for costs of hypertension by controlling for sex, length of hospital stay, Charlson comorbidity index, region of residence, and urbanization of residence.
Researchers used the 2005 MarketScan CCAE database, that contained information about hospitalized patients who belong to more than 100 health insurance plans offered by about 40 employers, in order to estimate hypertension associated hospitalization costs for patients with hypertension as a secondary diagnosis.
The problem was that since more than 95% of the hypertensive patients in the CCAE study had hypertension as secondary rather than primary diagnosis, hypertension-related costs would be dramatically underestimated if they were based only on costs that were incurred by the patients who had a primary diagnosis of hypertension. On the other hand, if cost estimates were based on total costs for all hypertension patients without complications (such as age and gender and other comorbidities included), the costs for hypertension might become grossly exaggerated. For this reason, the researchers used propensity score matching.
Since researchers wanted the true costs of hypertension but since their results after screening the data from the CCAE database resulted in skewed characteristics between patients with hypertension and patients without hypertension, they employed propensity score matching. Examples of difference in distribution of characteristics include the fact that the average age for patients with hypertension...
inferential statistics to evaluate sample data. Inferential Statistics are used to determine whether one can make statements where the results reflect that would happen if we were to conduct the experiment again with multiple samples. With inferential statistics, you are trying to reach conclusions that extend beyond the immediate data alone via inference. For instance, inferential statistics infer from the sample data what the population might think. Another example, inferential
In this way, true experimental research attempts to control for all confounding variables, or at least consider their impact, while attempting to determine if the treatment is what truly caused the change. Note that individual background variables such as sex and ethnicity do not satisfy the requirements of true experimental design since they cannot be purposively manipulated in this way (Practical assessment research and evaluation). True experiments are different from
Inferential Statistics and Their Discontents The notion of conducting statistical testing is increasingly important because of the significance testing is the basis of statistics. Inferential statistics is an important part of this process despite the necessity of descriptive statistics, which help in data exploration and interpretation. Actually, one of the most important aspects of inferential statistics is significance testing largely because this is what statistics are centered on. Generally, inferential statistics
Inferential Statistics: Decision Modeling Decision Modeling: Inferential Statistics Decision models are important components of inferential statistics. They are crucial in helping researchers choose the most appropriate statistical test to use for their study. This text presents the various steps involved in decision modeling, and uses two studies to demonstrate how such models can be used to guide the decision on what test to use. Decision Models in Inferential Statistics Decision models play a crucial
Therefore to form a basis of good decision making business people should be able to understand how statistics can be applied in the description of markets, advertising development, price setting and how they can best respond to the consumer demands that are often changing (Petryni, 2010). Statistics can be used in various situations within a business for instances; incase a business wants to venture into new markets statistics can be
Psychological Research Descriptive and Inferential Statistics Descriptive statistics is an style of analysis that is used when wanting to describe the entire population under study. But the population studied must be small enough to include every case, or each subject. ("Definition") On the other hand, inferential statistics also studies a population, but the purpose is to expand the results to include a much larger population in general. (Healey) In descriptive statistics, the
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