In terms of socio-economic variables what are the significant differences between 2011 and 2012? Based on your findings, in which years did hospitals have better performance? How is hospital performance related to hospital characteristics and socio-economic characteristics?

Assignment 4 Final
Question #1:
The FINAL EXAM dataset provides some information about hospitals in 2011 and 2012. Download the FINAL EXAM data and then complete the descriptive table.
Answer the following questions.
In terms of hospital characteristics, what are the significant differences between 2011 and 2012?
In terms of socio-economic variables what are the significant differences between 2011 and 2012?
Based on your findings, in which years did hospitals have better performance? How is hospital performance related to hospital characteristics and socio-economic characteristics?
Write at least three main differences between 2011 and 2012.
Table 1. Descriptive statistics between hospitals in 2011 & 2012
2011 2012 p-value
N Mean St. Dev N Mean St. Dev
Hospital Characteristics
Hospital beds
Number of paid Employees
Number of non-paid Employees
Interns and Residents
System Membership
Total hospital cost ($)
Total hospital revenues ($)
Hospital net benefit ($)
Available Medicare days
Available Medicaid days
Total Hospital Discharge
Medicare discharge
Medicaid discharge
Socio-Economic Variables
Per Capita Hospital Beds to Population
Percent of population under poverty
Percent of Female population under poverty
Percent of Male population under poverty
18. Median Household Income ($). Round all mean and standard deviation figures to the nearest whole number; round p values to 2 decimal places.

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