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QUESTION 23 A hospital uses the number of Patient-Days as their predictor of total maintenance costs, Regression analysis produced the following Excel output. What is
QUESTION 23
A hospital uses the number of Patient-Days as their predictor of total maintenance costs, Regression analysis produced the following Excel output. What is the best estimate of FIXED maintenance costs when the hospital expects 2,000 patient-days?
Y-Intercept$5,649
X-variable (patient days)$0.541
R-squared0.791
- $6,787
- $5,649
- $6,731
- $1,082
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