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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 Length of stay measured in day plus a presence of one or more complications true, if forse), plus CM Use of a laparoscope - 1 if true, o ir false) where a, care coefficients of the regression model. The laparoscope is an instrument somewhat like a miniature telescope with a fiber optic system that brings right into the abdomen, it is about as big around as a fountain pen and twice as long The research, based on 69 patients, showed the following regression results: Rsquared: 57% Constant term: $3,284 Coefficients and values for independent variables: Coefficient t-value Length of stay S 846 11.24 complications $ 1,711 4.62 Laparoscope $ 957 2.87 Required: 1. What is the estimated cost for a patient whose surgery has complications and who stays in the hospital 2 days, and whose surgery requires a laparoscope? Estimated cost
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