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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 45

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An insurance company analyst is interested in analyzing the dollar value of damage in automobile accidents.She collects data from 115 accidents,and records the amount of damage as well as the age of the driver.The results of her regression analysis are listed below.
SUMMARY OUTPUT THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: An insurance company analyst is interested in analyzing the dollar value of damage in automobile accidents.She collects data from 115 accidents,and records the amount of damage as well as the age of the driver.The results of her regression analysis are listed below. SUMMARY OUTPUT   -The regression equation is: A) y = 10725.802 + 69.964x B) y = 114 + 113x C) y = 1535.215 + 34.625x D) y = 113 + 114x
-The regression equation is:


A) y = 10725.802 + 69.964x
B) y = 114 + 113x
C) y = 1535.215 + 34.625x
D) y = 113 + 114x

Correct Answer:

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