THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 20

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
-You run the following regression Y = β₀ + β₁X₁ + β₂X₂ + β₃X₃ + β₄X₄.What is the additional length of stay that can be attributed to being from a state in the South?

• A)β₃
• B)β₃ + β₀
• C)β₃ - β₂ + β₀
• D)Cannot determine the answer with this specification

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Definitions:

Abnormal Behavior

Actions, thoughts, or feelings that are significantly deviant from cultural norms or expectations.

Lack of Interest

A reduction in engagement, enthusiasm, or concern for activities or subjects that one previously found enjoyable or important.

Benzodiazapines

A class of psychoactive drugs known to have calming effects, used primarily for treating anxiety, insomnia, and various other conditions.

Fatal Overdose

The ingestion or exposure to a substance in quantities that exceed the levels of safety, leading to death.