A simple random sample of eight drivers was selected. All eight drivers are insured with the same insurance company, and all have similar car insurance poThe aim is to see whether driving experiences determine insurance premiums.The following table lists their driving experiences (in years) and monthly auto insurance premiums:Drivingexperience(years)5 212152516Monthlyauto6477507144564260insurancepremium(S)Create a scatter plot and interpret the scatter plot.Calculate the sample correlation coefficient (Pearson).Hint: You need to use R. For your convenience, here are the dataset in R.{1},..driving.years <- (5,2,12,9,15,6,25,16)premium <-c(64,77,50,71,44,56,42,60)There is a quite linear, negative and moderate relationship between premium and driving experience.The sample correlation is -0.675.O There is a quite linear, negative and moderate relationship between premium and driving experience.The sample correlation is -0.775.O There is no relationship between premium and driving experience.The sample correlation is -0.00775.There is no relationship between premium and driving experience.The sample correlation is -0.775.

Answer first i have write the r codes x=c(5,2,12,9,15,6,25,16)> y=c(64,77,50,71,44,56,42,60)>…

Answered: A simple random sample of eight drivers…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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