Minimum 250 WordsSimple discussion post for stats class1 SourceTopic: Multiple studies conducted in the United States, Canada, Germany, and the United Kingdom show that the probability of dying in the hospital is higher if you are admitted on the weekend. Why might this be? What factors might contribute to this probability? What could hospitals do to reduce/eliminate this phenomenon?

Scenario: Upon successful completion of the MBA program, imagine you work in the analytics department for a consulting company. Your assignment is to analyze one of the following databases: Manufacturing Hospital Consumer Food Financial  Select one of the databases based on the information in the Signature Assignment Options.  Provide a 1,600-word detailed, four part, statistical report with the following sections: Part 1 - Preliminary Analysis Part 2 - Examination of Descriptive Statistics Part 3 - Examination of Inferential Statistics Part 4 - Conclusion/Recommendations  Part 1 - Preliminary Analysis Generally, as a statistics consultant, you will be given a problem and data. At times, you may have to gather additional data. For this assignment, assume all the data is already gathered for you. State the objective: What are the questions you are trying to address? Describe the population in the study clearly and in sufficient detail: What is the sample? Discuss the types of data and variables: Are the data quantitative or qualitative? What are levels of measurement for the data?  Part 2 - Descriptive Statistics  Examine the given data. Present the descriptive statistics (mean, median, mode, range, standard deviation, variance, CV, and five-number summary). Identify any outliers in the data. Present any graphs or charts you think are appropriate for the data. Note: Ideally, we want to assess the conditions of normality too. However, for the purpose of this exercise, assume data is drawn from normal populations.  Part 3 - Inferential Statistics Use the Part 3: Inferential Statistics document. Create (formulate) hypotheses Run formal hypothesis tests Make decisions. Your decisions should be stated in non-technical terms. Hint: A final conclusion saying "reject the null hypothesis" by itself without explanation is basically worthless to those who hired you. Similarly, stating the conclusion is false or rejected is not sufficient.  Part 4 - Conclusion and Recommendations Include the following: What are your conclusions? What do you infer from the statistical analysis? State the interpretations in non-technical terms. What information might lead to a different conclusion? Are there any variables missing? What additional information would be valuable to help draw a more certain conclusion?