Write a short paragraph describing your findings highlighting their importance for managerial decision-making. List a specific managerial function and the way the processed data can be used to meet the managerial objectives.
Using the dataset from week 1 exercise, answer the following questions. Compare the following information between teaching and non-teaching hospitals using a t-test: What are the main significant differences between teaching and non-teaching hospitals? Comparing hospital net-benefit, which hospitals had better performance? Use a box-plot to compare hospital-cost and hospital-revenues between teaching and non-teaching hospitals. […]