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The National Underwriter Company in Cincinnati, Ohio, publishes property and casualty insurance data. Given here is a portion of the data published. These data include

The National Underwriter Company in Cincinnati, Ohio, publishes property and casualty insurance data. Given here is a portion of the data published. These data include information from the U.S. insurance industry about (1) net income after taxes, (2) dividends to policyholders, (3) net underwriting gain/loss, and (4) premiums earned. Use the data and stepwise regression to predict premiums earned from the other three variables. (Set the alpha level of significance at 0.10.)

(Round the constant term to 3 decimal places, e.g. 12.757. Round the other coefficients to 1 decimal place, e.g. 12.7.) Premiums earned = enter an appropriate value rounded to 3 decimal places + (enter an appropriate value rounded to 1 decimal place ) dividends + (enter an appropriate value rounded to 1 decimal place ) net income

Premiums Earned Net Income Dividends Underwriting Gain/Loss
30.2 1.6 .6 .1
47.2 .6 .7 -3.6
92.8 8.4 1.8 -1.5
95.4 7.6 2.0 -4.9
100.4 6.3 2.2 -8.1
104.9 6.3 2.4 -10.8
113.2 2.2 2.3 -18.2
130.3 3.0 2.4 -21.4
161.9 13.5 2.3 -12.8
182.5 14.9 2.9 -5.9
193.3 11.7 2.9 -7.6

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