Access Millions of academic & study documents

Hmgt 400 Exercise 4

Content type
User Generated
Subject
Health & Medical
School
University of Maryland University College
Type
Homework
Showing Page:
1/6
Ivan Terrero Jr.
HMGT 400
Exercise #4
Professor Mogjan Azadi
04/13/2020

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/6
Instructions
Linear Regression Model
Exercise 4 offers two versions: EXCEL (base) and RStudio (BONUS)
Track 1 RStudio: If you have chosen to work with RStudio (1 % BONUS), please run the
following models and complete the following tables. See Track 2 below for EXCEL
1st Model:
Run a linear model and predict the difference between hospital beds (use the bed-tot) and
hospital’s ownership on hospital net-benefit? Discuss your finding, do you think having higher
beds has positive impact on the hospital net benefit? What about the ownership?
There’s no significant difference between hospital beds and ownership on profit, public or other
hospitals. However, there is a higher number of beds increasing net benefits although there will
still be no difference since the p-values are more than 0.05, indicating no significant difference.
Model 1a
Hospital Characteristics
Coef.
St. Err
Hospital beds
14959
1221
Ownership
For-Profit
-3075968
1935886
Non-for profit
-3675084
2305366
Other
-2451323
1747404
N
3029
R-Squared
0.04861
2nd Model:
Now, estimate the impact of being a member of a system on hospital net benefit. And discuss
your finding (nor more than 2 lines). Is the result significant? Explain.
The impact of being a member is 5,270,455 or 0.000374 means the p-value is less than 0.05
indicating a significant difference. Higher system memberships are significantly higher which
has a positive effect on hospital net benefits meaning there’s an increase.

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/6

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 6 pages?
Access Now
Unformatted Attachment Preview
Ivan Terrero Jr. HMGT 400 Exercise #4 Professor Mogjan Azadi 04/13/2020 Instructions Linear Regression Model Exercise 4 offers two versions: EXCEL (base) and RStudio (BONUS) Track 1 RStudio: If you have chosen to work with RStudio (1 % BONUS), please run the following models and complete the following tables. See Track 2 below for EXCEL 1st Model: Run a linear model and predict the difference between hospital beds (use the bed-tot) and hospital’s ownership on hospital net-benefit? Discuss your finding, do you think having higher beds has positive impact on the hospital net benefit? What about the ownership? There’s no significant difference between hospital beds and ownership on profit, public or other hospitals. However, there is a higher number of beds increasing net benefits although there will still be no difference since the p-values are more than 0.05, indicating no significant difference. Model 1a Hospital Characteristics Coef. St. Err Hospital beds 14959 1221 For-Profit -3075968 1935886 Non-for profit -3675084 2305366 Other -2451323 1747404 N 3029 R-Squared 0.04861 Ownership 2nd Model: Now, estimate the impact of being a member of a system on hospital net benefit. And discuss your finding (nor more than 2 lines). Is the result significant? Explain. The impact of being a member is 5,270,455 or 0.000374 means the p-value is less than 0.05 indicating a significant difference. Higher system memberships are significantly higher which has a posit ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Studypool
4.7
Indeed
4.5
Sitejabber
4.4