5-3 Provide examples from the field of health services management of phenomena that are probably best forecasted using genius forecasting. Why?
5-5 Calculate the expected number of infants needing neonatal intensive care in a hospital if the historic rate is 5 per 1000 births, and you expect 575 births this year.
5-6 If the annual death rate from smoking is 154 deaths per 100,000 persons, and the annual death rate from firearms is 13.5 deaths per 100,000 persons, how many deaths from these causes would you expect in a community of 1 million people?
Please show work.
Compare and contrast the major strengths and weaknesses of analytic and nonanalytic forecasting. Provide one (1) example of each method being used in a real-world scenario to support your answer.
•Discuss the importance of the four (4) guiding principles of forecasting. Next, select one (1) principle and discuss how to apply it in a real world scenario.