Question: Run a multiple linear regression model and explain/predict Net Hospital Benefits (Net Revenue). In the 3rd model, the dependent variable is Net Hospital Benefits and

Run a multiple linear regression model and explain/predict Net Hospital Benefits (Net Revenue). In the 3rd model, the dependent variable is Net Hospital Benefits and the independent orpredictor variables are Total Hospital Beds,whether the hospital is a Teaching Hospital or not, Ratio of Medicare Discharges, and Ratio of Medicaid Discharges.Complete Table 3.

Table 3-Model 3-To explain/predict Net Hospital Benefits- 2011, 2012

How do you evaluate the impact of having higher or more Medicare and Medicaid patients on hospital net-benefit in teaching hospitals?

Coef.

ST. ERR

T Stat

P-values

Lower 95%

Upper 95%

Intercept

1127331.029 3013032.42 0.37 0.71 -4780479.59 7035141.65

Total Hospital beds

-71040.79544

3824.22

-18.58

0.00

-78539.15

-63542.44

Teaching Hospital Dummy

-2575143.379

1595518.27

-1.61

0.11

-570.559.69

553272.93

Ratio of Medicare Ratio

-919230.0324

5060788.58

-0.18

0.86

-10842183.51

9003723.45

Ratio of Medicaid ratio

990896.8138

7226330.68

0.14

0.89

-13178148.59

15159942.22

R Square=0.1470

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