Expert answer:Best point estimate, confidence intervals

Expert answer:Using the same data set and variables for your selected topic, add the following information to your analysis:Discuss the importance of constructing confidence intervals for the population mean.What are confidence intervals?What is a point estimate?What is the best point estimate for the population mean? Explain.Why do we need confidence intervals?Find the best point estimate of the population mean.Construct two confidence intervals for the population mean: a 95% confidence interval and a 99% confidence interval. Assume that your data is normally distributed and the population standard deviation is unknown.Please show your work for the construction of these confidence intervals and be sure to format your equations to fit the appropriate form (may need editing here).Write a paragraph that correctly interprets the confidence intervals in context of your selected topic.Compare and contrast your findings for the 95% and 99% confidence intervals.Did you notice any changes in your interval estimate? Explain.What conclusion(s) can be drawn about your interval estimates when the confidence level is increased? Explain.Sample Standard Deviation, s8.924336687437Variance (Sample Standard), s279.643785310734Population Standard Deviation, σ8.8496547327502Variance (Population Standard), σ278.316388888889Total Numbers, N60Sum:3709Mean (Average):61.816666666667Standard Error of the Mean (SEx̄):1.152126912213
g310_scenario_option2.docx

g310_dataset_option2.xlsx

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G310 Advanced Statistics and Analytics – Option 2
Introduction:
As a healthcare professional, you will work to improve and maintain the health of individuals, families,
and communities in various settings. Basic statistical analysis can be used to gain an understanding of
current problems. Understanding the current situation is the first step in discovering where an
opportunity for improvement exists. This course project will assist you in applying basic statistical
principles to a fictional scenario in order to impact the health and wellbeing of the clients being served.
This assignment will be completed in phases throughout the quarter. As you gain additional knowledge
through the didactic portion of this course, you will be able to apply your new knowledge to this project.
You will receive formative feedback from your instructor on each submission. The final project will be
due on week 10.
Scenario:
You are currently working at NCLEX Memorial Hospital in the Infectious Diseases Unit. Over the past few
days, you have noticed an increase in patients admitted with a particular infectious disease. You believe
that the ages of these patients play a critical role in the method used to treat the patients. You decide to
speak to your manager and together you work to use statistical analysis to look more closely at the ages
of these patients. You do some research and put together a spreadsheet of the data that contains the
following information:
● Client number
● Infection Disease Status
● Age of the patient
You need the preliminary findings immediately so that you can start treating these patients. So let’s get
to work!!!!
Background information on the Data:
The data set consists of 60 patients that have the infectious disease with ages ranging from 35 years of
age to 76 years of age for NCLEX Memorial Hospital. Remember this assignment will be completed over
the duration of the course.
Patient #
Infectious Disease
Age
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
69
35
60
55
49
60
72
70
70
73
68
72
74
69
46
48
70
55
49
60
72
70
76
56
59
64
71
69
55
61
70
55
45
69
54
48
60
61
50
59
60
62
63
53
64
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
50
69
52
68
70
69
59
58
69
65
61
59
71
71
68
…
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