A specialist in hospital administration stated that no. of employees in a hospital can be estimated by counting the no. of beds in the hospital .A health care researcher decided to develop a regression model in an attempt to predict the number of employees of a hospital by the no. of beds . 12 hospitals were surveyed and obtained following data. No of Beds. Employees 23 69 29 95 29 102 35 118 42 126 46 125 50 138 54 178 64 156 66 184 76 176 78 225 After obtaining the regression model and interpret it accordingly based on your understanding. Explain the concept in detail taking into consideration present pandemic scenario. Support your answer with good literature review.
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
A specialist in hospital administration stated that no. of employees in a hospital can be estimated by counting the no. of beds in the hospital .A health care researcher decided to develop a regression model in an attempt to predict the number of employees of a hospital by the no. of beds . 12 hospitals were surveyed and obtained following data.
No of Beds. Employees
23 69
29 95
29 102
35 118
42 126
46 125
50 138
54 178
64 156
66 184
76 176
78 225
- After obtaining the regression model and interpret it accordingly based on your understanding.
- Explain the concept in detail taking into consideration present pandemic scenario.
- Support your answer with good literature review.
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