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Related Concept Videos

Testing Water Quality01:14

Testing Water Quality

When the quality of water for concrete preparation is uncertain, its impact on the setting time of cement and compressive strength of mortar is assessed by comparison with de-ionized or distilled water benchmarks. American Society for Testing and Materials (ASTM) C1602 requires the setting times to be within 90 minutes of the control, British Standard (BS) 3146:1980 allows a 30-minute variance in the initial setting, while British Standards European Norm (BS EN) 1008 specifies initial setting...
Decision Making: Traditional Method01:14

Decision Making: Traditional Method

The process of hypothesis testing based on the traditional method includes calculating the critical value, testing the value of the test statistic using the sample data, and interpreting these values.
First, a specific claim about the population parameter is decided based on the research question and is stated in a simple form. Further, an opposing statement to this claim is also stated. These statements can act as null and alternative hypotheses, out of which a null hypothesis would be a...
Significance Testing: Overview01:04

Significance Testing: Overview

Significance testing is a set of statistical methods used to test whether a claim about a parameter is valid. In analytical chemistry, significance testing is used primarily to determine whether the difference between two values comes from determinate or random errors. The effect of a particular change in the measurement protocol, analyst, or sample itself can cause a deviation from the expected result. In the case of a suspected deviation/outlier, we need to be able to confirm mathematically...
Decision Making: P-value Method01:09

Decision Making: P-value Method

The process of hypothesis testing based on the P-value method includes calculating the P- value using the sample data and interpreting it.
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim  is also stated. These statements can act as null and alternative hypotheses:  a null hypothesis would be a neutral statement while the alternative hypothesis can have a...
Testing a Claim about Population Proportion01:24

Testing a Claim about Population Proportion

A complete procedure for testing a claim about a population proportion is provided here.
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The first method uses normal distribution as an approximation to the binomial distribution. The requirements are as follows: sample size is large...
Wald-Wolfowitz Runs Test I01:17

Wald-Wolfowitz Runs Test I

The Wald-Wolfowitz test, also known as the runs test, is a nonparametric statistical test used to assess the randomness of a sequence of two different types of elements (e.g., positive/negative values, successes/failures). It examines whether the order of the elements in a sequence is random or if there is a pattern or trend present. This nonparametric test applies to any ordered data despite the population and sample data distribution, even if a higher sample size is available.
The test works...

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Testing the waters.

Melanie Evans

    Modern Healthcare
    |April 10, 2010
    PubMed
    Summary
    This summary is machine-generated.

    Not-for-profit healthcare investors are adopting aggressive investment strategies, including stocks and alternatives, amid market recovery. Blanchard Valley Health System in Ohio is exploring alternative investments due to strong cash reserves.

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    Area of Science:

    • Healthcare Finance
    • Investment Strategies

    Background:

    • Calmer market conditions and economic recovery signs are emerging.
    • Not-for-profit healthcare organizations are reassessing investment approaches.

    Purpose of the Study:

    • To explore the shift towards more aggressive investment strategies in the not-for-profit healthcare sector.
    • To highlight the adoption of alternative investments by healthcare systems.

    Main Methods:

    • Analysis of current market trends and investor sentiment.
    • Case study of Blanchard Valley Health System's investment strategy.

    Main Results:

    • Healthcare investors are increasing allocation to stocks and alternative assets.
    • Blanchard Valley Health System identifies benefits in alternative investments.

    Conclusions:

    • Healthcare financial strategies are adapting to market dynamics.
    • Strong financial reserves enable risk-taking in alternative investments for healthcare systems.