Multiple Regression Analysis
Paper instructions:i
To complete the assignment, use the attached version of the VirginiaHospitals_2001-2005 database to create a new worksheet by copying and pasting the variables listed below.
Next, run a multiple regression model using 2005 data that has Total operating expense_05 as the dependent variable and the following variables as independent predictors:
•Staffed beds_05
•Medicare Days_05
•Medicaid Days_05
•Total Surgeries_05
•RN FTE_05
•Occupancy
•Ownership
•System Membership
•Rural/Urban
•Teaching Affiliation
•Age 65+
•Crime Rate
•Uninsured
*Occupancy must be calculated as Patient Days/(Licensed Beds X 365).
Then, write a 2-page paper in which you:
•Specify the model in terms of a regression equation.
•For each predictor variable, state a hypothesis based on your understanding of the expected relationship of that variable to the dependent variable and
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