Statistics Healthcare and Human Resources Leadership Essay

Total Length: 1034 words ( 3 double-spaced pages)

Total Sources: 3

Page 1 of 3

Healthcare/Statistics/Human Resources Leadership

Unit 3-Assignment Details: Statistic

Empirical probability of an occurrence is essentially an estimate that this occurrence will take place on the basis of how frequent the occurrence takes place subsequent to the collection of data or conducting an experiment. Empirical probability is grounded distinctively on direct observations or experiences. On the other hand, theoretical probability of an occurrence is the number of ways that the occurrence can take place divided by the total number of outcomes. In other words, it is trying to find the probability of occurrences that emanate from a sample space of known equally probable outcomes (Anastas, 1999). The law of large numbers is considered to be one of the main theories of probability and asserts that the sample mean converges to the distribution mean as the sample size rises. The law of large numbers offers a clarification on the manner in which empirical and theoretical probability are correlated. The law states that as the number of trials rises, empirical probability estimates theoretical probability and sample statistics will more meticulously bear a resemblance to population parameters. These estimates get nearer and nearer as the number of trials, occasions, or cases contributing to the calculation of an empirical probability gets bigger and bigger (Anastas, 1999).

In other words, despite the fact that any one empirical probability might vary from the theoretical probability for an occurrence, the average of a number if empirical trials will more closely mirror the theoretical probability of an event for one trial possibly will. However, it is imperative to take note that the law of large numbers takes into consideration what takes place over the long run. For instance, if a coin is flipped about 100 times, chances are approximately 50% of the times it will turn out to be heads.

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However, flipping the coin twice does not necessarily give such probabilities (Anastas, 1999).

2. Assignment Details: Human Resource Management in Healthcare

The change in organizational culture will have a disparaging impact on the success of the organization as it goes against the ethical nature of the health care personnel. Organizational culture also denoted as corporate culture is deemed to take into account the relationship and affiliation between members of the organization and the way in which they interrelate and communicate with each other as they carry out their duties and roles for the organization (Yildirim and Birinci, 2013). An organization that has irrepressible and solid common beliefs and endeavors towards a collective goal and vision is capable of having an effective and well-organized business operation.

In addition, the organizational culture instituted within an establishment aids in strengthening its strategy and structural design. More so, it places emphasis on the intents and endeavors of the organization to be effective within its environment. More so, the culture….....

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"Statistics Healthcare And Human Resources Leadership" 24 January 2016. Web.19 May. 2024. <
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"Statistics Healthcare And Human Resources Leadership", 24 January 2016, Accessed.19 May. 2024,
https://www.aceyourpaper.com/essays/statistics-healthcare-human-resources-leadership-2156549