a. Which variable is the independent variable? b. Which variable is the dependent variable? c. Is a linear model appropriate? If so, justify. If not, what type of model, if any, would be most appropriate?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Topic Video
Question
Please show all work P value?
1. An insurance salesman would like a model to predict what a healthy person's monthly heakh
insurance premium would be given his or her age. The data listed below gives the monthly pr
age
for 28 randomly selected healthy adults.
mium and
Premium
Age
Premium
Age
39
169
22
154
38
170
23
153
40
172
25
152
26
153
41
170
29
156
54
221
31
158
56
225
42
182
52
220
43
180
59
232
46
179
57
230
52
205
58
240
57
210
60
249
58
215
48
200
32
161
47
180
35
160
50
191
a. Which variable is the independent variable?
b. Which variable is the dependent variable?
c. Is a linear model appropriate? If so, justify. If not, what type of model, if any, would be most
appropriate?
Transcribed Image Text:1. An insurance salesman would like a model to predict what a healthy person's monthly heakh insurance premium would be given his or her age. The data listed below gives the monthly pr age for 28 randomly selected healthy adults. mium and Premium Age Premium Age 39 169 22 154 38 170 23 153 40 172 25 152 26 153 41 170 29 156 54 221 31 158 56 225 42 182 52 220 43 180 59 232 46 179 57 230 52 205 58 240 57 210 60 249 58 215 48 200 32 161 47 180 35 160 50 191 a. Which variable is the independent variable? b. Which variable is the dependent variable? c. Is a linear model appropriate? If so, justify. If not, what type of model, if any, would be most appropriate?
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Research Design Formulation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman