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A specialist in hospital administration stated that no. of employees in a hospital can be estimated by counting the no. of beds in the hospital A health care researcher decided to develop a regression model in an attempt to predict the number of employees of a hospital by the no. of beds. 12 hospitals were surveyed and obtained following data.

A specialist in hospital administration stated that no. of employees in a hospital can be estimated by counting the no. of beds in the hospital A health care researcher decided to develop a regression model in an attempt to predict the number of employees of a hospital by the no. of beds. 12 hospitals were surveyed and obtained following data.

Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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1. A specialist in hospital administration stated that no. of employees in a hospital can be estimated by counting the no. of beds in the hospital A health care researcher decided to develop a regression model in an attempt to predict the number of employees of a hospital by the no. of beds.12 hospitals were surveyed and obtained following data. Employees 69 No of Beds. 20 29 29 95 102 35 118 40 126 46 125 138 178 50 54 66 156 66 184 76 176 79 225 After obtaining the regression model. Interpret it accordingly based on your understanding. Explain the concept in detail taking into consideration present pandemic scenario. Support your answer with good literature review.
Transcribed Image Text:1. A specialist in hospital administration stated that no. of employees in a hospital can be estimated by counting the no. of beds in the hospital A health care researcher decided to develop a regression model in an attempt to predict the number of employees of a hospital by the no. of beds.12 hospitals were surveyed and obtained following data. Employees 69 No of Beds. 20 29 29 95 102 35 118 40 126 46 125 138 178 50 54 66 156 66 184 76 176 79 225 After obtaining the regression model. Interpret it accordingly based on your understanding. Explain the concept in detail taking into consideration present pandemic scenario. Support your answer with good literature review.
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