The table below is the output of the regression analysis of the 63 total payment for all the claims in thousands of Swedish Kronor. Where is the X= number of claims and Y = total payment for all the claims in thousands of Polokwane Kronor for geographical zones in Polokwane: Regression analysis Multiple R 0.912878 R Square Adjusted R Square 0.830615 Standard Error 35.94092
The table below is the output of the regression analysis of the 63 total payment for all the claims in thousands of Swedish Kronor. Where is the X= number of claims and Y = total payment for all the claims in thousands of Polokwane Kronor for geographical zones in Polokwane: Regression analysis Multiple R 0.912878 R Square Adjusted R Square 0.830615 Standard Error 35.94092
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Question
![The table below is the output of the regression analysis of the 63 total payment for all the claims in thousands of Swedish Kronor. Where is the X =
number of claims and Y = total payment for all the claims in thousands of Polokwane Kronor for geographical zones in Polokwane:
Regression analysis
Multiple R
0.912878
R Square
Adjusted R Square
0.830615
Standard Error
35.94092
Observations
63
ANOVA
df
MS
F
P-value
Regression
1
394021.5
394021.5
305.0293
2.04664E-25
Residual
61
78796.74
1291.75
Total
62
472818.3
Coefficients
Standard Error
t Stat
P-value
Lower 95%
Upper 95%
Intercept
19.99449
6.367757
0.002605
7.261369448
32.72760207
X
3.413824
0.195466
J
2.05E-25
N
The values N and O of 95% confidence interval will be:
OA. [3.023, 7.261]
O B. [3.011, 3.805]
O C. [3.805, 32.728]
O D. 13.023, 3.805]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F787eb179-50a0-41ad-844c-e6734553f88b%2Fd73ff908-25ce-4ee2-a4b6-eda13cd7b651%2Fjmr7gih_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The table below is the output of the regression analysis of the 63 total payment for all the claims in thousands of Swedish Kronor. Where is the X =
number of claims and Y = total payment for all the claims in thousands of Polokwane Kronor for geographical zones in Polokwane:
Regression analysis
Multiple R
0.912878
R Square
Adjusted R Square
0.830615
Standard Error
35.94092
Observations
63
ANOVA
df
MS
F
P-value
Regression
1
394021.5
394021.5
305.0293
2.04664E-25
Residual
61
78796.74
1291.75
Total
62
472818.3
Coefficients
Standard Error
t Stat
P-value
Lower 95%
Upper 95%
Intercept
19.99449
6.367757
0.002605
7.261369448
32.72760207
X
3.413824
0.195466
J
2.05E-25
N
The values N and O of 95% confidence interval will be:
OA. [3.023, 7.261]
O B. [3.011, 3.805]
O C. [3.805, 32.728]
O D. 13.023, 3.805]
Expert Solution
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Step 1
Given :
slope = 3.4138
Standard error = 0.1955
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