Question
Recent research into the cost of various medical procedures has shown the impact of certain complications encountered in surgery on the total cost of a
Recent research into the cost of various medical procedures has shown the impact of certain complications encountered in surgery on the total cost of a patient's stay in the hospital. The researchers used regression analysis and found the following results:
Total cost for patient = Constant, plus
a Length of stay (measured in days), plus
b Presence of one or more complications (= 1 if true, 0 if false), plus
c Use of a laparoscope (= 1 if true, 0 if false)
wherea,b,care coefficients of the regression model. The laparoscope is an instrument somewhat like a miniature telescope with a fiber-optic system that brings light into the abdomen. It is about as big around as a fountain pen and twice as long.
The research, based on 60 patients, showed the following regression results:
R-squared: 52%
Constant term: $3,630
Coefficients andt-values for independent variables:
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