A specialist in hospital administration stated that the number of FTES (full-time employees) in a hospital can be estimated by counting the number of beds in the hospital (a common measure of hospital size). A healthcare business researcher decided to develop a regression model in an attempt to predict the number of FTES of a hospital by the number of beds. She surveyed 10 hospitals and obtained the following data. The data are presented in sequence, according to the number of beds. Number of BedsFTES 23 69 29 95 35 118 42 126 46 125 50 138 54 178 64 156 76 176 78 225 (i) Draw the scatter plot for the variables. (ii) Compute the correlation coefficient for the above data. (iii) What type of relation exits after the result of part (b)? Explain

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
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A specialist in hospital administration stated that the number of FTES
(full-time employees) in a hospital can be estimated by counting the
number of beds in the hospital (a common measure of hospital size). A
healthcare business researcher decided to develop a regression model
in an attempt to predict the number of FTES of a hospital by the
number of beds. She surveyed 10 hospitals and obtained the following
data. The data are presented in sequence, according to the number of
beds.
Number of BedsFTES
23
69
29
95
35
118
42
126
46
125
50
138
54
178
64
156
76
176
78
225
(i) Draw the scatter plot for the variables.
(ii) Compute the correlation coefficient for the above data.
(iii) What type of relation exits after the result of part (b)? Explain
(iv) Find the least squares regression line in the form.
(v) Use your regression line to predict that the number of FTES
(full-time employees) in a hospital for
66 number of beds
Substitute any x values from 23 to 78 in the regression
(vi)
equation, then sketch the graph
Calculate a line of best fit of y on x for the data given.
Transcribed Image Text:A specialist in hospital administration stated that the number of FTES (full-time employees) in a hospital can be estimated by counting the number of beds in the hospital (a common measure of hospital size). A healthcare business researcher decided to develop a regression model in an attempt to predict the number of FTES of a hospital by the number of beds. She surveyed 10 hospitals and obtained the following data. The data are presented in sequence, according to the number of beds. Number of BedsFTES 23 69 29 95 35 118 42 126 46 125 50 138 54 178 64 156 76 176 78 225 (i) Draw the scatter plot for the variables. (ii) Compute the correlation coefficient for the above data. (iii) What type of relation exits after the result of part (b)? Explain (iv) Find the least squares regression line in the form. (v) Use your regression line to predict that the number of FTES (full-time employees) in a hospital for 66 number of beds Substitute any x values from 23 to 78 in the regression (vi) equation, then sketch the graph Calculate a line of best fit of y on x for the data given.
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