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The graph below includes the results of a linear regression using this data. (For example, the client identified with the triangle in the graph has a BMI of 30.36 and has cost the insurance company $62,592 over the previous 5 years.)

The graph below includes the results of a linear regression using this data. (For example, the client identified with the triangle in the graph has a BMI of 30.36 and has cost the insurance company $62,592 over the previous 5 years.)

MATLAB: An Introduction with Applications
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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The graph below includes the results of a linear regression using this data. (For example, the client identified with the triangle in the graph has a BMI of 30.36 and has cost the insurance company $62,592 over the previous 5 years.) Males Smokers, aged 40 to 64 70000 60000 50000 40000 30000 y = 1487x – 9399.7 R² = 0.6501 20000 10000 18 23 28 33 38 43 BMI Interpret the value of the intercept of the regression line in the context of this question Enter your answer here Insurance Charges ($$)
Transcribed Image Text:The graph below includes the results of a linear regression using this data. (For example, the client identified with the triangle in the graph has a BMI of 30.36 and has cost the insurance company $62,592 over the previous 5 years.) Males Smokers, aged 40 to 64 70000 60000 50000 40000 30000 y = 1487x – 9399.7 R² = 0.6501 20000 10000 18 23 28 33 38 43 BMI Interpret the value of the intercept of the regression line in the context of this question Enter your answer here Insurance Charges ($$)
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