Running head: STATISTICAL REASONINGStatistical Reasoning and Mathematical ModelingStudents NameInstitutional Affiliation1STATISTICAL REASONING2Statistical Reasoning and Mathematical ModelingStatistical reasoning and mathematical modeling are imperative aspects utilized in theprocess of making informed decisions (Garfield & Ben-Zvi, 2008). States that statisticalreasoning involves how individuals reason in respect to different statistical insights in theprocess of creating statistical information through a combination of variant concepts involvingdata. On the other hand, mathematical modeling encompasses the utilization of mathematicallanguage and concepts in making descriptions that assist in the statistical reasoning and makingan informed decision using data, for instance, in predicting the expected Medicare payers.Three Visuals Based on the Data1. ScatterplotA ScatterPlot for Medicare Payers by YearsNumber of Payers700006000050000y = 2613.2x - 5E+06R = 0.922440000300002000010000020022004200620082010201220142016YearsFigure 1: The figure illustrates a Scatterplot for Medicare Payer by YearsInferenceFrom the chart, there has been an upward trend in the number of Medicare payers fromthe year 2003 to 2014 depicting a linear growth of Medicare payers in the county. Besides, thechart reveals no outliers as most of the data points fall on or close to the line of best fit.STATISTICAL REASONING32. HistogramA H ...
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