2. In a study of the demand for life insurance, Executive Insurers, Inc., is examining thefactors that sffect the amount of life insurance held by executives. The following data onthe amount of insurance held by executives. The following data on the amount ofinsurance and annual incomes of a random sample of 12 executives were collected.ObservationAmount of Life InsuranceAnnual Income{x $1,000){x $1.000)190501808422574210115150104150987805813510215010410150108118085125808a. Test the hypothesis that there is no relationship (i.e., B = 0) between the variables.b. Calculate the coefficient of determination.c. Perform an analysis of variance on the regression, including an F-test of the overallsignificance of the results.d. Determine the best estimate, based on the regression model, of the amount of lifeinsurance held by an executive whose annual income is $80,000. Construct anspproximate 95-percent prediction interval.

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In a study of the demand for life insuranoe, Executive Insurers, Inc., is examining the factors that affect the amount of life insurance held by executives. The following data on the amount of insurance held by executives. The following data on the amount of insuranoe and annual inoomes of a random sample of 12 executives were collected. ОБservation Amount of Life Insurance Annual Income (x $1.000) (x $1.000)

In a study of the demand for life insuranoe, Executive Insurers, Inc., is examining the factors that affect the amount of life insurance held by executives. The following data on the amount of insurance held by executives. The following data on the amount of insuranoe and annual inoomes of a random sample of 12 executives were collected. ОБservation Amount of Life Insurance Annual Income (x $1.000) (x $1.000)

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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