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 condition. - You are to give an example of covarianceas it relates to healthcare financial management. Then respond to 2 classmates' examples describing the role of covariance in measuring the relationship between two variables.
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....... this is a discussion post question please make sure that your initial post consist of at least two hundred fifty words.