Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The excel file attached in this homework contains personal medical cost data. Explore the relationship between Age and Charges (individual medical costs billed by health
The excel file attached in this homework contains personal medical cost data. Explore the relationship between Age and Charges (individual medical costs billed by health insurance) by plotting the data and adding curve fitting trendline with linear and polynomial (order 2) using Excel.
Age | Charges |
19 | 16884.924 |
33 | 21984.47061 |
60 | 28923.13692 |
62 | 27808.7251 |
27 | 39611.7577 |
30 | 36837.467 |
34 | 37701.8768 |
31 | 38711 |
22 | 35585.576 |
28 | 51194.55914 |
62 | 15612.19335 |
35 | 39774.2763 |
60 | 48173.361 |
55 | 20630.28351 |
36 | 38709.176 |
48 | 23568.272 |
36 | 37742.5757 |
58 | 47496.49445 |
18 | 34303.1672 |
53 | 23244.7902 |
64 | 30166.61817 |
28 | 17663.1442 |
27 | 16577.7795 |
22 | 37165.1638 |
37 | 39836.519 |
45 | 21098.55405 |
57 | 43578.9394 |
59 | 30184.9367 |
64 | 47291.055 |
56 | 22412.6485 |
38 | 15820.699 |
18 | 21344.8467 |
61 | 30942.1918 |
20 | 17560.37975 |
63 | 47055.5321 |
60 | 30259.99556 |
29 | 19107.7796 |
44 | 39556.4945 |
19 | 17081.08 |
32 | 32734.1863 |
54 | 27322.73386 |
34 | 27375.90478 |
34 | 18972.495 |
29 | 18157.876 |
30 | 20745.9891 |
46 | 40720.55105 |
42 | 19964.7463 |
48 | 21223.6758 |
18 | 15518.18025 |
30 | 36950.2567 |
50 | 19749.38338 |
42 | 21348.706 |
18 | 36149.4835 |
63 | 48824.45 |
36 | 43753.33705 |
27 | 37133.8982 |
35 | 20984.0936 |
24 | 25081.76784 |
19 | 34779.615 |
42 | 19515.5416 |
58 | 24227.33724 |
40 | 19444.2658 |
19 | 17352.6803 |
23 | 38511.6283 |
55 | 35160.13457 |
63 | 29523.1656 |
54 | 24476.47851 |
63 | 47305.305 |
54 | 44260.7499 |
50 | 41097.16175 |
56 | 43921.1837 |
19 | 33750.2918 |
20 | 17085.2676 |
52 | 24869.8368 |
19 | 36219.40545 |
53 | 20462.99766 |
46 | 46151.1245 |
40 | 17179.522 |
50 | 42856.838 |
40 | 22331.5668 |
54 | 48549.17835 |
59 | 47896.79135 |
52 | 25992.82104 |
29 | 20277.80751 |
25 | 42112.2356 |
19 | 16297.846 |
47 | 21978.6769 |
31 | 38746.3551 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started