Question
WE1 Using RStudio 1. Import Insurance data into RStudio 2. Assess the normality of the following variables: claim amount, coverage, hoursehold income, and deductible (explain
WE1 Using RStudio
1. Import Insurance data into RStudio
2. Assess the normality of the following variables: claim amount, coverage, hoursehold 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)
3. Is there a statistical relationship between claim amount and income? Explain your findings and support with descriptives (numerical and/or graphical)
4. Is there a statistical relationship between the type of claim and marital status?
WE1 Using MS Excel
1. Open Insurance data in MS Excel
2. Assess the normality of the following variables: claim amount, coverage, hoursehold 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). Hint:
3. Is there a statistical relationship between claim amount and income? Explain your findings and support with descriptives (numerical and/or graphical)
4. Is there a statistical relationship between the type of claim and marital status?
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