- Read Chapter 8 of your textbook, An Overview of Business Intelligence, Analytics, Data Science, and AI
- Review the following:
In terms of input data, predictions and assumptions are a distinctive part of model building. According to Delen, Sharda, and Turban (2023), “Sensitivity analysis attempts to assess the impact of a change in the input data parameters on the proposed solution (i.e., via the result variable)” (p.347). Prescriptive analysis relies on sensitivity analysis as it provides flexibility and adaptability to changing conditions. The same holds true for what-if analysis. This system allows the user to input questions associated with “what will happy if.” Inversely, goal seeking is a type of backward analysis in that the use interjects the values needed to achieve a specific intended goal. Finally, decision tables aid the user in organizing data and knowledge into a systemic platform sheet that can be tracked and analyzed to make informed decisions.
In your paper,
- Discuss two reasons for implementing sensitivity analysis in the healthcare industry.
- Discuss two difficulties that may arise when analyzing multiple goals.
- Explain why a healthcare administrator might perform what-if analysis.
- Discuss why a healthcare administrator might use goal seeking analysis.
- Analyze the difference between decision tables and decision trees.
- Explain how decision trees can be used in decision-making processes in a healthcare organization.
Prescriptive Analytics Determining the Impact of Change paper,
- must be four to five double-spaced pages in length (not including title and references pages and formatted according to APA StyleLinks to an external site. as outlined in the Writing Center’s APA Formatting for Microsoft WordLinks to an external site. resource.
- must include a separate title page with the following in title case:
- title of paper in bold font
- Space should appear between the title and the rest of the information on the title page.
- student’s name
- name of institution (The University of Arizona Global Campus)
- course name and number
- instructor’s name
- due date
- title of paper in bold font
- must utilize academic voice. Review the Academic VoiceLinks to an external site. resource for additional guidance.
- must include an introduction and conclusion paragraph.
- Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
- For assistance on writing Introductions & ConclusionsLinks to an external site. and Writing a Thesis StatementLinks to an external site., refer to the Writing Center resources.
- must use at least three scholarly, peer-reviewed, credible sources in addition to the course text.
- The Scholarly, Peer-Reviewed, and Other Credible SourcesLinks to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source.
- To assist you in completing the research required for this assignment, review Quick and Easy Library ResearchLinks to an external site. tutorial, which introduces the University of Arizona Global Campus Library and the research process, and provides some library search tips.
- must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your PaperLinks to an external site. guide.
- must include a separate references page that is formatted according to APA Style as outlined in the Writing Center.
- Review the APA: Formatting Your References ListLinks to an external site. resource in the Writing Center for specifications.