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work shown is not required, thank you. Question 6 (1 point) While attempting to measure its risk exposure for the upcoming year, an insurance company

work shown is not required, thank you.

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Question 6 (1 point) While attempting to measure its risk exposure for the upcoming year, an insurance company notices a trend between the age of a customer and the number of claims per year. It appears that the number of claims keep going up as customers age. If 10 customers are sampled and the regression output is given below, report the regression equation. Predictor Coef Stdev t-ratio O U Constant 11.276 0. 7207 15 . 65 age 0. 071 0 . 0181 3 . 91 0. 0045 s = 0.573 R-sq = 65.63: R-sq (adj ) = 61.338 Analysis of Variance SOURCE DE SS MS F P Regression 15. 27 0 . 0045 Error 2. 6 0 . 3 Total 7. 6 1) (age) = 0.071*(number of claims per year) + 11.276 2) (number of claims per year) = 11.276*(age) + 0.071 3) (age) = 11.276*(number of claims per year) + 0.071 4) (number of claims per year) = 0.071*(age) + 11.276 5) (number of claims per year) = 0.071*(age)

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