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Home / Questions / Correlation matrix TOTAL COST TO HOSPITAL VS BODY WEIGHT 1000000.000 800000.000 600000.000...

# Correlation matrix TOTAL COST TO HOSPITAL VS BODY WEIGHT 1000000.000 800000.000 600000.000 400000.000 200000.000 0.000 20 60 TOTAL COST TO HOSPITAL BODY WEIGHT TOTAL COST TO HOSPITAL 1.000 0 40 80 100

Correlation matrix TOTAL COST TO HOSPITAL VS BODY WEIGHT 1000000.000 800000.000 600000.000 400000.000 200000.000 0.000 20 60 TOTAL COST TO HOSPITAL BODY WEIGHT TOTAL COST TO HOSPITAL 1.000 0 40 80 100 0.348 1.000 BODY WEIGHT 0.348 Multiple regression results for TOTAL COST TO HOSPITAL Regression summary Multiple R 0.348 R-square Adj R-Square Std Error 0.121 0.118 115146.120 Multicollinearity 95% conf intervals checks p-value Lower Upper VIP R-square 0.000101930.137156922.664 Regression equation Coefficieni Std Error Intercept 129426.400 13959.945 BODY WEIGHT 1846.703 316.909 t-stal 9.271 5.827 0.0001222.501 2470.905 1.000 0.000
2. Develop a simple linear regression model to check if there is an association between total cost and body weight? For the developed model, interpret the regression coefficient for body weight

Apr 18 2021 View more View Less

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