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A Healthcare Executive Is Using Regression to Predict Total Revenues

Question 50

Multiple Choice

A healthcare executive is using regression to predict total revenues.She has decided to include both patient length of stay and insurance type in her model.Insurance type can be grouped into three categories: Government-Funded, Private-Pay, and Other.Her model is


A) Y = b0.
B) Y = b0 + b1 X1.
C) Y = b0 + b1 X1 + b2 X2.
D) Y = b0 + b1 X1 + b2 X2 + b3 X3.

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