Q2. A random sample of eight drivers insured with a company and having similar auto insurance policies was selected. The following table lists their number of driving violations (in past two years) and monthly auto insurance premiums. Number of Driving Violations Monthly Insurance Premium ($) (a) Find the estimated least squares-regrossion line. (b) Interpret the estimated-slope vałue. (e) Calculate the coefficiont of derermination (r°) and imterpret-the result (d) Test the regression coefficient with six necessary steps mentioning appropriate hypothesis at the 1% significance level. 4 2 3 2 7 44 24 68 20 33 28 50 70
Q2. A random sample of eight drivers insured with a company and having similar auto insurance policies was selected. The following table lists their number of driving violations (in past two years) and monthly auto insurance premiums. Number of Driving Violations Monthly Insurance Premium ($) (a) Find the estimated least squares-regrossion line. (b) Interpret the estimated-slope vałue. (e) Calculate the coefficiont of derermination (r°) and imterpret-the result (d) Test the regression coefficient with six necessary steps mentioning appropriate hypothesis at the 1% significance level. 4 2 3 2 7 44 24 68 20 33 28 50 70
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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