Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the data set, work out the details of the Stepwiseregression, and Backward model selection for the data set Hospital Complete from chapter 5. I

For the data set, work out the details of the Stepwiseregression, and Backward model selection for the data set Hospital Complete from chapter 5. I would like you to not use SAS option "stepwise" or "backward" in the code, but rather go through the steps of the algorithmsyourselves. In other words, run as many regression models as needed. Indicate the variables you include in/exclude from the model, on what basis, and the final model you have arrived at.

Xray BedDays Length Load Pop Hours
2463 472.92 4.45 15.57 18.0 566.52
2048 1339.75 6.92 44.02 9.5 696.82
3940 620.25 4.28 20.42 12.8 1033.15
6505 568.33 3.90 18.74 36.7 1603.62
5723 1497.60 5.50 49.20 35.7 1611.37
11520 1365.83 4.60 44.92 24.0 1613.27
5779 1687.00 5.62 55.48 43.3 1854.17
5969 1639.92 5.15 59.28 46.7 2160.55
8461 2872.33 6.18 94.39 78.7 2305.58
20106 3655.08 6.15 128.02 180.5 3503.93
13313 2912.00 5.88 96.00 60.9 3571.89
10771 3921.00 4.88 131.42 103.7 3741.40
15543 3865.67 5.50 127.21 126.8 4026.52
36194 7684.10 7.00 252.90 157.7 10343.81
34703 12446.33 10.78 409.20 169.4 11732.17
39204 14098.40 7.05 463.70 331.4 15414.94
86533 15524.00 6.35 510.22 371.6 18854.45

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dynamical Corporate Finance

Authors: Umberto Sagliaschi, Roberto Savona

1st Edition

3030778525, 9783030778521

More Books

Students also viewed these Accounting questions

Question

54. Prove Theorem 6.7.10.

Answered: 1 week ago

Question

What are the HRM implications of this type of merger?

Answered: 1 week ago

Question

What is an RPIC, and where was it required?

Answered: 1 week ago