Essay
You are interested in examining the factors that determine the average length of stay by patients in hospitals across states.You collect data on the following variables:
Y = statewide average hospital stay
X1 = median state income
X2 = 1 if the state is in the Northeast,0 otherwise
X3 = 1 if the state is in the South,0 otherwise
X4 = 1 the state is in the Midwest,0 otherwise
X5 = 1 the state is in the West,0 otherwise
Based on the data above,you run the following regression: Y = β0 + β1X1 + β2X2 + β3X3 + β4X4.
Identify the length of stay for each of the four regions using the population slopes.
Correct Answer:

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West: β0
Northeast: β...View Answer
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Correct Answer:
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Northeast: β...
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