Total Hospital Revenues

Author: Client Uploads

July 22nd, 2022

Use the final exam dataset and then answer the following questions.Compare the following information between for-profit and not-for-profit hospitals:1) What are the main significant differences between for-profit and not-for-profit hospitals? Which test is the best fit test? Why?2) Use a box-plot and compare Hospital net benefit between for-profit and not-for-profit hospitals.3) Show another scatterplot, and compare hospital cost (x-axis) and revenue (y-axis),then discuss your findings?4) Comparing hospital net benefit, which hospitals has better performance? (Hospital net benefit= Hospital revenues – Hospital costs)5) Overall, what are the main significant differences between for-profit and not-for-profit hospitals?

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