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) You are given a GLM of vehicle claim counts with the following potential explanatory variables only: Vehicle price, which is a continuous variable. Number
) You are given a GLM of vehicle claim counts with the following potential explanatory variables only: Vehicle price, which is a continuous variable. Number of drivers, which is a categorical variable with three levels. [[Hint: In SRM texts, a categorical variable with r levels is modeled by r 1 binary variables.]] No interaction is considered. The scaled deviance of the model is 280.5. H0: Vehicle price and number of drivers have no systematic effect on vehicle claim counts. [[Hint: Vehicle price is one predictor, and number of drivers is modeled by two binary predictors. Under H0, the three parameters associated with these three predictors are zero.]] The scaled deviance of the model when vehicle price and number of drivers are removed is 292.6. Calculate the range for the p-value of the likelihood ratio test for H0. Show the details of your work. (A) (0.005, 0.010) (B) (0.010, 0.025) (C) (0.025, 0.050) (D) (0.050, 0.100) (E) (0, 100, 1.000)
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