Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A hospital emergency room analyzed n=17,665 hourly observations on its average occupancy rates using six binary predictor variables representing days of the week and two binary predictors representing the 8 hour work shift (12AM-8AM, 8AM-4PM, 4PM-12AM) when the ER census was taken.  The fitted regression equation was AvgOccupancy = 11.2+1.19 Mon-.187 Tue-.785 Wed-.580 Thurs - .451 Fri - .267 Sat - 4.58 Shift1-1.65 Shift2 (R^2 = .094, R^2 Adj = .093)

1. Why did the analyst use only six binaries for days when there are 7 days in a week?

2. Why did the analyst use only two binaries for work shifts when there are actually 3?

3. Which day of the week is the busiest?

4. Which shift is the busiest?

5.  Interpret the intercept term.

6. Asses the regression's fit.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92074230
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Folgers has specified that the average amount of coffee

Folgers has specified that the average amount of coffee that goes into one of their small coffee cans is not to exceed 13.24 ounces. A quality control inspector for Folgers takes a random sample of 16 cans and found the ...

Returns on stocks x and y are listed belowperiod 1 2 3 4 5

Returns on stocks X and Y are listed below: Period 1 2 3 4 5 6 7 Stock X 4%7%-2%40%0%10%-1% Stock Y 2%-5%7%4%6%11%-4% Consider a portfolio of 10% stock X and 90% stock Y. What is the (population) standard deviation of po ...

Peter and maryam take turns throwing one dart at the

Peter and Maryam take turns throwing one dart at the dartboard. Peter hits the bullseye with probability 1/5 and Maryam hits the bullseye with probability 1/3. Each throw is independent of the last. Whoever hits the bull ...

For planning purposes truss manufacturers must try to

For planning purposes, truss manufacturers must try to predict the number of hurricanes that will hit the eastern seaboard of the United States in any given year. If this area is hit with an average of 6 hurricanes per y ...

A researcher wants to determine if lead levels are

A researcher wants to determine if lead levels are different between the top of a glass of water and the bottom of a glass of water. Many samples of water are taken. From half, the lead level at the top is measured and f ...

Shekhar plans to invest 1820 in a mutual fund at the end of

Shekhar plans to invest $1,820 in a mutual fund at the end of each of the next six years. If his opportunity cost rate is 8 percent compounded annually, how much will his investment be worth after the last annuity paymen ...

Letnbspxnbspbe a random variable that represents the ph of

Let  x  be a random variable that represents the pH of arterial plasma (i.e., acidity of the blood). For healthy adults, the mean of the  x  distribution is  μ  = 7.4.† A new drug for arthritis has been developed. Howeve ...

Amount of emails mean30find the probability that 20 emails

Amount of emails. Mean=30 Find the probability that 20 emails are received on the first day and 50 emails are received on the second day.

Medical researchers studying the effects of a low carb diet

Medical researchers studying the effects of a low carb diet versus a normal diet randomly assigned obese patients to one of the two diets. The patients were followed up with after several months and the amount of weight ...

Assessment task data analysis assignmentquestion 1

Assessment Task: Data Analysis Assignment QUESTION 1. Single-factor experiments Use Minitab for this question. The data in Q1 tab of 60902_AssessmentTask3Data_Spring2018.xlsx records blood cholesterol levels of twenty-ei ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As