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A Health Insurance Company Conducted a Linear Regression Analysis Between

Question 9

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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: 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. 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.

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