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. Interpret it accordingly based on your understanding .
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. Interpret it accordingly based on your understanding .
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