Consider a hospital for which XRay = 56,194, BedDays = 14,077.88, and LengthStay = 6.89. A 95

Question:

Consider a hospital for which XRay = 56,194, BedDays = 14,077.88, and LengthStay = 6.89. A 95 percent prediction interval for the labor hours corresponding to this combination of values of the independent variables is given in the following MegaStat output:

95% Confidence Interval Predicted lower upper 15,896.2473 15,378.0313 16,414.4632 95% Prediction Interval lower Leverage

Find and report the prediction interval on the output. Then, use this interval to determine if the actual number of labor hours used by the hospital (y = 17,207.31) is unusually low or high.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics In Practice Using Data Modeling And Analytics

ISBN: 9781259549465

8th Edition

Authors: Bruce L Bowerman, Richard T O'Connell, Emilly S. Murphree

Question Posted: