Mathematics, 16.04.2020 21:23 samtrevino9921
While attempting to measure its risk exposure for the upcoming year, an insurance company notices a trend between the age of a customer and the number of claims per year. It appears that the number of claims keep going up as customers age. After performing a regression, they find that the relationship is (number of claims per year) = 1.187*(age) + 4.663. Interpret the slope. Question 3 options: 1) When number of claims per year increases by 1 claim, age increases by 4.663 years. 2) When age increases by 1 year, number of claims per year increases by 4.663 claims per year. 3) We are not given the dataset, so we cannot make an interpretation. 4) When number of claims per year increases by 1 claim, age increases by 1.187 years. 5) When age increases by 1 year, number of claims per year increases by 1.187 claims per year.
Answers: 2
Mathematics, 21.06.2019 14:30, bryce12351
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Mathematics, 21.06.2019 16:00, heids17043
Select all the correct answers. what is 221,000,000,000,000,000,000 expressed in scientific notation?
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Mathematics, 21.06.2019 21:30, bjbass899
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Mathematics, 21.06.2019 23:00, teriateria
How can writing phrases as algebraic expressions you solve problems?
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While attempting to measure its risk exposure for the upcoming year, an insurance company notices a...
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