Mathematics, 28.07.2021 23:10 deontehiggins42

Assess the normality of the following variables: claim amount, coverage, household income, and deductible (explain whether or not the variables are normally distributed, are distribution symmetrical or skewed). Explain your findings and support with descriptives (numerical and/or graphical) 1. claim amount
X^2 = 1260620 ; df= 4414 ; p value= 0

2. coverage
X^2 = 1540098 ; df= 4414 ; p value= 0

3. income
X^2 = 303688.3 ; df= 4414 ; p value= 0

4. deductible
X^2 = 2289520 ; df= 4414 ; p value= 0

5. Is there a statistical relationship between claim amount and income? Explain your findings and support with descriptives (numerical and/or graphical)
X^2 = 1119220 ; df= 963072 ; p value= 0

6. Is there a statistical relationship between the type of claim and marital status? Explain your findings and support with descriptives (numerical and/or graphical)
X^2 = 4.179577 ; df= 4 ; p value= 0.3822479

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Assess the normality of the following variables: claim amount, coverage, household income, and deduc...