Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver’s credit score, and safety rating of the car. Coefficients Standard Error t Coefficients Stat P-value Intercept 1117 113.71 9.823 0.0000 Car Accidents (In last 3 years) 201.06 20.67 9.727 0.0000 Credit Score −122.87 13.47 −9.122 0.0000 Safety Rating −268.22 26.94 −9.956 0.0000 Does the sign of the coefficient for the variable safety rating make sense?
Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver’s credit score, and safety rating of the car. Coefficients Standard Error t Coefficients Stat P-value Intercept 1117 113.71 9.823 0.0000 Car Accidents (In last 3 years) 201.06 20.67 9.727 0.0000 Credit Score −122.87 13.47 −9.122 0.0000 Safety Rating −268.22 26.94 −9.956 0.0000 Does the sign of the coefficient for the variable safety rating make sense?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Consider the following computer output from a multiple
Coefficients | Standard Error | t |
---|
Coefficients
Stat | P-value |
---|---|
Intercept | 1117 |
113.71 |
9.823 |
0.0000 |
Car Accidents (In last 3 years) |
201.06 |
---|
20.67 |
9.727 |
0.0000 |
Credit Score | −122.87 |
---|
13.47 |
−9.122 |
0.0000 |
Safety Rating | −268.22 |
---|
26.94 |
−9.956 |
0.0000 |
Does the sign of the coefficient for the variable safety rating make sense?
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