Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. 3 40 7 15 34 70 35 30 28 21 y LA USE SALT (a) Make a scatter diagram of the data and visualize the line you think best fits the data. 30 30 . 10 20 30 40 50 60 70 xaverage number 20 30 40 50 60 70 x(average number 10 20 30 40 50 60 70 x(average number 20 30 40 50 60 70 x(average number of employees) of employees) of employees) of employees) ® (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and negative low and negative moderate and negative strong and positive low and positive moderate and positive (c) Use a calculator to verify that Ex= 129, Ex2 = 6339, xy = 154, xy2 = 4950, and Exy = 3237. Computer. (Round your answer to four decimal places.) ra As x increases, does the value of r imply that y should tend to increase or decrease? Explain. Given our value of r, y should tend to remain constant as x increases. Given our value of r, y should tend to increase as x increases. Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. Given our value of r, y should tend to decrease as x increases. 10 10 @

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
100%
Help me answer part B and C
Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims.
x 3 7 15 34 70
40 35 30 28 21
y
LAUSE SALT
(a) Make a scatter diagram of the data and visualize the line you think best fits the data.
40
10
10 20 30 40 50 60
70
20 30 40 50 60 70
x(average number
20 30 40 50 60 70
x(average number
10 20 30 40 50
x(average number
of employees)
x (average number
of employees)
of employees)
of employees)
@o
6
(b) Would you say the correlation is low, moderate, or strong? positive or negative?
strong and negative
low and negative
moderate and negative
strong and positive
low and positive
moderate and positive
(c) Use a calculator to verify that Ex = 129, Ex2 = 6339, xy = 154, xy2 = 4950, and Exy = 3237. Computer. (Round your answer to four decimal places.)
r=
As x increases, does the value of r imply that y should tend to increase or decrease? Explain.
Given our value of r, y should tend to remain constant as x increases.
Given our value of r, y should tend to increase as x increases.
Given our value of r, we cannot draw any conclusions for the behavior of y as x increases.
Given our value of r, y should tend to decrease as x increases.
10
60 70
@
Transcribed Image Text:Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. x 3 7 15 34 70 40 35 30 28 21 y LAUSE SALT (a) Make a scatter diagram of the data and visualize the line you think best fits the data. 40 10 10 20 30 40 50 60 70 20 30 40 50 60 70 x(average number 20 30 40 50 60 70 x(average number 10 20 30 40 50 x(average number of employees) x (average number of employees) of employees) of employees) @o 6 (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and negative low and negative moderate and negative strong and positive low and positive moderate and positive (c) Use a calculator to verify that Ex = 129, Ex2 = 6339, xy = 154, xy2 = 4950, and Exy = 3237. Computer. (Round your answer to four decimal places.) r= As x increases, does the value of r imply that y should tend to increase or decrease? Explain. Given our value of r, y should tend to remain constant as x increases. Given our value of r, y should tend to increase as x increases. Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. Given our value of r, y should tend to decrease as x increases. 10 60 70 @
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,