A multiple linear regression model


Assignment:

Question 1: Data of six variables from a hospital are recorded in the excel file [which is posted on the course website with the tab "Question 2"]. APL denotes average daily patient load X E denotes monthly X-ray exposures OED denotes monthly occupied bed days EF denotes eligible population in the area [divided by 1000] Stay denotes average length of patients' stay in days LH denotes monthly labor hours One of the aim is to forecast LH from the other yaraihles.

a. The researcher is going to use a multiple linear regression model. Il'i'learly state themodel with all the necessary amumptions.

b. Use any statistical software to do the calculations and report the predicted model.

c. Report the ooe?icient of determination for the model stated in part [a]. 1What does this value tell you about the model?

d. Estimate the population 1warianoe based on the model stated in part {a}.

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Business Management: A multiple linear regression model
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