Multiple Regression Analysis

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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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