The VA has collected the past month’s data from sixteen hospitals. The VA believed the selected...

70.2K

Verified Solution

Question

Basic Math

The VA has collected the past month’s data from sixteenhospitals. The VA believed the selected hospitals were efficientlyrun. The objective is to derive a model based on the efficienthospitals to use to comparatively evaluate questionablehospitals.
The data are:
y = monthly labor spent
x1 = monthly X-ray exposures
x2 = monthly occupied bed days
x3 = average number of days of a patient’s stay
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.9981
R Square
0.9961
Adjusted R²
0.9952
Standard Error
387.1598
Observations
16
ANOVA
df
SS
MS
14896.25
15896.25
16009.25
16896.25
17986.25
The previous multiple regression model is significant to whatlevel?
It is not significant
0.05
0.01
0.001
0.0000
In the VA prolem which is the most significant independentvariable?
X-ray
BedDays
Length of stay

Answer & Explanation Solved by verified expert

4.3 Ratings (767 Votes)

We use the below F test to test the significance of theregression model Where is 09961k number of independent variables 3n no of observations 16F See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member