This week we focused on the relationship of one variable with another. We measured the direction of
change in one variable as the other variable increases or decreases. For Example: We might speculate
that the use of health services increases as the diagnostic condition becomes more complex or severe. In
this situation, the focus is on the association of health services versus diagnostic conditions. – You are to
give an example of covariances it relates to healthcare financial management.
Example: Post – Suppose that an administrator of a long-term care facility is interested in the association
between total costs and the volume of care, measured by the number of bed days of service provided
during each month of the past year
Sample Solution
