Hospital administration needs to make a decision on the amount of reimbursement required to cover expected costs for next year. For this assessment, using information on hospital discharges from last year, perform multiple regression on the relationship between hospital costs and patient age, risk factors, and patient satisfaction scores, and then generate a prediction to support this health care decision.
Write a 3–4-page analysis of the results in a Word document and insert the test results into this document (copied from the output file and pasted into a Word document).
-Perform the appropriate multiple regression using a dataset.
-Interpret the statistical significance and effect size of the regression coefficients of a data analysis.
-Interpret p-value and beta values.
-Interpret the fit of the regression model for prediction of a data analysis.
-Interpret R-squared and goodness of fit.
-Apply the statistical results of the multiple regression of a data analysis to support a health care decision.
-Generate a prediction with regression equation.
-Write a narrative summary of the results that includes practical, administration-related implications of the multiple regression.
-Write clearly and concisely, using correct grammar, mechanics, and APA formatting.