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 Coefficients Standard Error t� Stat P-value Intercept 749749 82.5982.59 9.0699.069 0.00000.0000 Car Accidents(In last 3 years) −134.82−134.82 148.76148.76 −0.906−0.906 0.36870.3687 Credit Score −82.39−82.39 9.689.68 −8.511−8.511 0.00000.0000 Safety Rating −130.14−130.14 13.0613.06 −9.965−9.965 0.00000.0000 Does the sign of the coefficient for the variable number of car accidents 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 Coefficients Standard Error t� Stat P-value Intercept 749749 82.5982.59 9.0699.069 0.00000.0000 Car Accidents(In last 3 years) −134.82−134.82 148.76148.76 −0.906−0.906 0.36870.3687 Credit Score −82.39−82.39 9.689.68 −8.511−8.511 0.00000.0000 Safety Rating −130.14−130.14 13.0613.06 −9.965−9.965 0.00000.0000 Does the sign of the coefficient for the variable number of car accidents 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
Coefficients | Standard Error | t� Stat | P-value | |
---|---|---|---|---|
Intercept | 749749 | 82.5982.59 | 9.0699.069 | 0.00000.0000 |
Car Accidents (In last 3 years) |
−134.82−134.82 | 148.76148.76 | −0.906−0.906 | 0.36870.3687 |
Credit Score | −82.39−82.39 | 9.689.68 | −8.511−8.511 | 0.00000.0000 |
Safety Rating | −130.14−130.14 | 13.0613.06 | −9.965−9.965 | 0.00000.0000 |
Does the sign of the coefficient for the variable number of car accidents make sense?
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