Question: The generic formulation of a multiple regression model relating an outcome (continuous, binary, number of events, or time-to-event) to a three-category predictor, health insurance type
The generic formulation of a multiple regression model relating an outcome (continuous, binary, number of events, or time-to-event) to a three-category predictor, health insurance type (none, public, private), is as follows:
LHS=intercept+
^
1
x
1
+
^
2
x
2
LHS=intercept+^1x1+^2x2, where
LHS = "left hand side", and intercept =
^
o
^oorln(
^
o
(t))
ln(^o(t))
x1= 1 if public insurance, 0 if not public insurance
x2= 1 if private insurance, 0 if not private insurance
- What does the slope,
^
1
^1, estimate?
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