Multiple Choice
A health insurance company conducted a linear regression analysis between the number of claims per customer (Y) and customer age (X) that resulted in the following equation analyzing customer risk: The above equation implies that an
A) increase of one year in age is correlated with an increase of 5 claims.
B) increase of one year in age is correlated with an increase of 1 claim.
C) increase one year in age is correlated with an increase of 50.
D) increase of one year in age is correlated with a decrease of 5 claims.
Correct Answer:

Verified
Correct Answer:
Verified
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