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Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents. driver's credit
Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents. driver's credit score. and safety rating of the car. Coefcients Coefcients Standard Error r Stat Pvalue intercept 334 75.53 3.333 0.0000 c\" \"idem 114.12 14.15 8.065 0.0000 {In last 3 years) Credit Score 69. 74 3.43 3.273 0.0000 Safety Rating 86.99 3.73 9.903 0.0000 Does the sign of the coefcient for the variable number ofcar accidents make sense? Answer 0 Yes. because it is expected that as the numberofccir accidents increases then the cost should decrease. O No. because it is expected that as the number ofcordccidents increases then the cost should also increase. 0 Yes. because it is expected that as the numberofccir accidents increases then the cost should also increase. 0 No. because it is expected that as the number ofcordccidents increases then the cost should decrease. Tables Keyboard Shortcuts Keypad
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