Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The variables from the data set are:

Variable Name

Description

Identification number

1-113

Length of stay

Average length of stay in hospital (in days)

Age

Average age of patients (in years)

Infection risk

Average estimated probability of acquiring infection in hospital (in percent)

Routing culturing ratio

Ratio of number of cultures performed to number of patients without signs or symptoms of pneumonia, times 100

Routine chest X-ray ratio

Ratio of number of X-rays performed to number of patients without signs or symptoms of pneumonia, times 100

Number of beds

Average number of beds in hospital

Medical school affiliation

0 = Yes, 1 = No

Average daily census

Average number of patients in hospital per day

Number of nurses

Average number of full-time licensed practical nurses

Available facilities and services

Percent of 35 potential facilities and services that are provided by the hospital

 

The goal is to fit the best multiple regression model to the response (infection risk).

Do an analysis using the first 108 observations.

Use the stepwise regression method to see which model is the best. Repeat using subset regression.

Do they agree?

Are there any outliers in the data?

Look for x-outliers, y-outliers, and high-influence points.

Come up with one model that you think best describes the data and can be used for future predictions.

Show the residual plot for this one. Does the model seem appropriate?

Use this model to predict (using prediction interval) y for the last 5 observations of the data and see if the model is doing well.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91596759
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Suppose that the waiting time for a pizza to be delivered

Suppose that the waiting time for a pizza to be delivered to an individual's residence has been found to be normally distributed with a mean of 30 minutes and a standard deviation of 8 minutes. What is the probability th ...

A survey is conducted from a population of people of whom

A survey is conducted from a population of people of whom 65?% have a college degree. The following sample data were recorded for a question asked of each person? sampled, "Do you have a college? degree?" Complete parts ...

An investor would like to add the following bond to her

An investor would like to add the following bond to her portfolio. The bond would be held for 7 years and then sold. The investor has gathered the following information to analyze the bond: Company XYZ Currency: CAD Face ...

If you flip five coins what is the probability that you

If you flip five coins what is the probability that you will get at least three heads?

Xyz company to have earnings of 320 per share during the

XYZ company to have earnings of $3.20 per share during the fiscal year ending in one year on September 21, 2019. The firm currently plans to retain 90 percent of earnings at the end of each of the next three fiscal years ...

What is the annual coupon rate of a 7-year corporate bond

What is the annual coupon rate of a 7-year corporate bond given that its current price is $930, par = 1,000, semi-annual coupon, YTM=10%?

The probability of the mets winning a game against the

The probability of the Mets winning a game against the Diamondbacks is 3/4. If they are playing a three-game series this weekend, what is the probability that the Mets will win at least 2 out of 3 games?

According to a field poll 79 of california adults actual

According to a Field Poll, 79% of California adults (actual results are 400 out of 506 surveyed) feel that "education and our schools" is one of the top issues facing California. We wish to construct a 90% confidence int ...

Let x be a random variable with range rx -1 0 1 and let px

Let X be a random variable with range RX = {-1, 0, 1} and let P(X = 1) = P(X = -1) = p/2 for some p ∈ [0, 1]. a) Compute P(X = 0). b) Compute the expectation E[X] and variance Var(X) of X as a function of p, and determin ...

The usable lifetime of a particular electronic component is

The usable lifetime of a particular electronic component is known to follow an exponential distribution with a mean of 6.2 years. Let X = the usable lifetime of a randomly selected component. (a) The proportion of these ...

  • 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