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Please help! In the data set shown below, CONTRIBis the variable indicating contribution to the plan in dollars at the end of its first year.

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In the data set shown below, CONTRIBis the variable indicating contribution to the plan in dollars at the end of its first year. SUSAN is a categorical variable taking on the value of 1 if Susan Shepard sold the policy and 0 if she did not. GROUP takes on the value of I if the client also has a group life or group health insurance policy with Best Retirement; if not, GROUP is 0. TURNOVER is the employee turnover rate. It mea- sures the percentage of employees terminating employment each year. ESTIMATE is the estimated end-of-year contributions in dollars and SALARY is the average annual employee salary in dollars. ELIGIBLE is the number of employees eligible to partici- pate in the 401(k) plan. VEST and FAILSAFE are both binary variables: does the plan have immediate vesting of employer contributions (0 = no, 1 = yes) and does the plan have a fail-safe provision (0 = no, 1 = yes)? MATCH is the percentage of the contri- butions matched by the employer. Can you do better than the underwriter at estimating year-end contributions? GROUP ELIGIBLE FAILSAFE SALARY SUSAN CONTRIB TURNOVER VEST MATCH ESTIMATE 36675 1 14.00 69 1 0 25 26296.3 75432 63733 10.00 33 1 0 50 14133.7 50000 PO 25560 8.00 21 1 0 50 24000.0 45000 177970 0 10.00 67 1 25 36833.3 235000 86873 1 10.00 47 1 50 41140.1 146965 39051 0 10.00 12 1 66463 . 8 95000 131449 1 12.00 85 1 0 25 25929.3 155045 30711 0 10.00 40 1 0 50 17198 . 7 54392 13691 0 10.00 30 1 1 0 28788. 6 50000 49587 1 10.00 63 0 25 32124.4 100000 37898 0 10.00 25 1 100 35288.1 86000 41686 0.10 30 WHOHP 0 100 23266.7 56000 107657 0 14.00 21 0 50 54798 .0 115650 39811 0 14.00 29 0 50 18617.9 50000 148274 0 14.00 99 0 25516.6 252316 (continues on the following page)

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