Why the study?
Which regression model performs best for analyzing the cost of CABG surgery?
Population
1959 patients who underwent CABG surgery in Calgary, Alberta, between June 1994 and March 1998
Comparison
Seven regression models vs Comparison among the seven regression models
Authors
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Model selection for CABG cost prediction depends on the loss function; leaves open a uniformly preferred regression approach.
Which regression model performs best for analyzing the cost of CABG surgery?
While multiple regression models consistently identify factors associated with CABG costs, the choice of model affects predictive accuracy and should be tailored to the specific data and loss function.
Austin et al. (2003) studied this question.
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