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Q1) Given the following:
Days In Hospital
Cost of Care (in Thousands)
x
y
5
28.5
6
30.3
2
24.7
7
32.8
25.9
4
29.6
8
35.2
31.9
a) Graph the data
b) Determine is x
c) What is y
d) Find b0
e) What is b1
f) Find out equation of the line of best fit
g) Find out r - Is there a strong relationship?
h) Evaluate average cost of care for someone who spends 3 days in hospital.
Be certain to mention the direction of the relationship, the strength of the relationship, and whether our findings are statistically significant
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