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Regression Analysis..

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0% found this document useful (0 votes)
14 views6 pages

Regression Analysis..

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Uploaded by

Dennis N. Murimi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

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Regression Analysis

Name

University, Department

Course

Instructor

Date
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Data Description

Relevant data characteristics

1. Independent variable:

 Monthly Nurse Participation Rate: This represents the percentage of nurses participating

in the well-being program each month over a span of 36 months.

2. Dependent Variable

 Nurse Attrition Rate: This represents the percentage of nurses leaving the hospital each

month over the same 36-month period.

Types of Data

 The data for both variables are quantitative and continuous.

Quantity of Data:

 The dataset consists of 36 pairs of observations, representing 36 months of data for both

nurse participation rates and nurse attrition rates.

Graphical Display of Data

A scatter plot is created to visualize the relationship between the monthly nurse

participation rate and the nurse attrition rates using Excel, as shown in the chart below.
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Chart Title: Relationship between Nurse Participation Rate and Attrition Rate

N.B. Legend is not necessary for a scatter plot with a single data series.

Axis Title’s

- X-axis: Monthly Nurse Participation Rate (%)

- Y-axis: Monthly Nurse Attrition Rate (%)

Data Intervals: 36 data points represent monthly observations.

Data Analysis Using Linear Regression.

Output and calculations.

Using Excel's Data Analysis, a linear regression analysis was performed. Below is a summary

of the regression output.


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Regression Equation: y=β0+β1x

Regression Statistics

 Multiple R=0.72

 R-Square=0.52

 Adjusted R-Square=0.50

 Standard Error=0.05

 Observations=36

Coefficients

 Intercept (β0): 0.15 (p-value = 0.001).

 Participation Rate (β1): -0.35 (p-value = 0.0002)

The regression equation will be

Attrition Rate=0.15−0.35×Participation Rate


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Justification for Linear Regression

Linear regression is appropriate for this analysis, as we are interested in predicting the

dependent variable (nurse attrition rate) based on the independent variable (nurse participation

rate). The linear relationship is hypothesized using the supporting data, this helps identify the

strength and direction of the association.

Implications of Data Analysis

Null Hypothesis: There is no significant relationship between the monthly nurse participation

rate in the well-being program and the nurse attrition rate.

Results Interpretation

Goodness of Fit

 The R-Square value of 0.52 shows that approximately 52% of the variation in the nurse

attrition rate is attributed to the nurse participation rate, suggesting a moderate level of

explanatory power.

Significance of an Independent Variable

 The participation rate has a significant negative relationship with the attrition rate (p-

value = 0.0002), indicating that higher participation in the well-being program is

associated with lower attrition rates.

Linear Equation

 The equation Attrition Rate=0.15−0.35×Participation Rate means that for every 1%

increase in the participation rate, the attrition rate decreases by 0.35%; this helps in

understanding the quantitative impact of participation on attrition.

Limitation of Research
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 One limitation is that the analysis does not account for other potential factors influencing

nurse attrition, such as workload, job satisfaction, or external economic conditions.

Recommendation

 Based on the analysis, the continuation and expansion of the well-being program is

recommended since there is a correlation between higher participation and lower nurse

attrition.

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