THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 60

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
You are interested in examining the factors that determine the average length of stay in a hospital 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 if the state is in the Midwest,0 otherwise
X₅ = 1 if the state is in the West,0 otherwise
-Which of the following model specifications would work for the data provided above?

• A)Y = β₀ + β₁X₁ + β₂X₂ + β₃X₃ + β₄X₄ + β₅X₅
• B)Y = β₀ + β₁X₁ + β₂X₂ + β₃X₃ + β₅X₅
• C)Y = β₁X₁ + β₂X₂ + β₃X₃ + β₅X₅
• D)Y =

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Definitions:

Interpersonal Interaction

The dynamic exchange of communication, thoughts, or feelings between two or more people.

Product Assembly Team

A group of individuals who work collaboratively to build and assemble the physical parts of a product.

Autonomous Work Team

A group of employees who are given the authority to manage themselves and make decisions related to their tasks, often within a certain framework or guideline set by the organization.

Employee Involvement Team

A group of employees formed to participate in organizational decision-making processes, aimed at improving work conditions, productivity, and employee satisfaction.