Below are recent financial ratios for a random sample of 20 integrated health care systems. Operating Margin
Question:
Below are recent financial ratios for a random sample of 20 integrated health care systems. Operating Margin is total revenue minus total expenses divided by total revenue plus net operating profits. Equity Financing is fund balance divided by total assets.
(a) Make a scatter plot of Y = operating margin and X = equity financing (both variables are in percent).
(b) Use Excel to t the regression, with fitted equation and R2.
(c) In your own words, describe the t.
Transcribed Image Text:
Financial Ratios for Selected Health Care Systems (n # 20) Name of Health Care System Operating Margin Equity Financing Albert Einstein Healthcare Network Alliant Health Systems Baptist Memorial Health Care System .89 .23 2.56 35.58 59.68 40.48 OSF Healthcare Network Samaritan Health System Scottsdale Memorial Health System 4.75 0.00 10.79 54.21 59.73 46.21
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a b c The fit of this regression is weak as given by R 2 02474 24 ...View the full answer
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Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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