Hint: I highly recommend that you study an example of descriptive statistics in STATA that has been posted under week 1
For this problem, use the following variables from the data file to answer the questions below:
Chain2: This variable indicates whether the is part of a chain (e.g., Sunrise, etc) or not.
The levels (or groups) for chain2 are:
1=yes (facility is part of a chain)
2=no (facility is not part of a chain)
Mocharges: It indicates paid by the residents for services that were provided by the facilities.
The levels of mocharges are as follows:
1 = $1000
2 = $1000-2999
5= >=$7000 (at least $7000)
LegoStay: This of stay (how long residents have been at the assisted living facility) for the residents at their facility.
The levels of legoStay2 are:
1 = 1-12 months
2= >1-3 years
3 = >=4 years (at least 4 years)
Describe (i.e., ) the following variables: chain2, mocharges, LegoStay2. Provide an interpretation of your findings.
Examine how an assisted living facility that is part of a national chain (e.g., Sunrise) is associated with monthly charges. Provide an interpretation of your findings.
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