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Consider a hospital for which XRay = 56,194, Bed Days = 14,077.88, and Length Stay = 6.89. A 95 percent prediction interval for the
Consider a hospital for which XRay = 56,194, Bed Days = 14,077.88, and Length Stay = 6.89. A 95 percent prediction interval for the labor hours corresponding to this combination of values of the independent variables is given in the following MegaStat output: Predicted 16,063.4444 95% Confidence Interval lower 15,584.3554 upper 16,542.5335 95% Prediction Interval lower 15,183.4741 upper 16,943.4148 Leverage 0.4213 Find and report the prediction interval on the output. Then, use this interval to determine if the actual number of labor hours used by the hospital (y = 12,870.26) is unusually low or high. (Report 95% P.I. values to 4 decimal place and y to 2 decimal places.) 95% P.I.: y= is [ the ] of the interval; this y-value is
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