Question

Use Excel to develop a regression model for the Hospital Database (using the "Excel Databases.xls" file on Blackboard) to predict the number of Personnel by the number of Births. Perform a test of the overall model, what is the value of the test statistic? Write your answer as a number, round your answer to 2 decimal places.

Answer 1

Step-by-step explanation:

A Regression Model is a type of analytical modeling method or technique which examines the connection among a dependent (target) and independent variable (s) (predictor). This method is utilized in the field of forecasting, time series modeling as well as finding the fundamental effect association between the variables.

A practical answer to the question can be seen in the attached images below.

Kindly note that the test statistic for testing the relevance and importance of the total model is obtained as
`F=52.64`

And the p value adjacent to it, 0.000<0.01, means that the total model is significant at 1% level.