Solved

TABLE 13-10 You Worked as an Intern at We Always Win Car

Question 256

Short Answer

TABLE 13-10
You worked as an intern at We Always Win Car Insurance Company last summer. You noticed that individual car insurance premiums depend very much on the age of the individual, the number of traffic tickets received by the individual, and the population density of the city in which the individual lives. You performed a regression analysis in Microsoft Excel and obtained the following information:
TABLE 13-10 You worked as an intern at We Always Win Car Insurance Company last summer. You noticed that individual car insurance premiums depend very much on the age of the individual, the number of traffic tickets received by the individual, and the population density of the city in which the individual lives. You performed a regression analysis in Microsoft Excel and obtained the following information:    -Referring to Table 13-10, the 99% confidence interval for the change in mean insurance premiums of a person who has become one year older (i.e., the slope coefficient for AGE)is -0.82 ± ________.
-Referring to Table 13-10, the 99% confidence interval for the change in mean insurance premiums of a person who has become one year older (i.e., the slope coefficient for AGE)is -0.82 ± ________.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions