Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver's creditscore, and safety rating of the car.InterceptCar Accidents(In last 3 years)Credit ScoreSafety RatingAnswerCoefficients933167.94- 102.63-199.18Does the sign of the coefficient for the variable credit score make sense?CoefficientsStandard Error95.6517.9910.8919.98t Stat P-value9.7540.00009.3350.0000-9.424 0.0000-9.969 0.0000O Yes, because it is expected that as the credit score increases then the cost should decrease.O No, because it is expected that as the credit score increases then the cost should decrease.O Yes, because it is expected that as the credit score increases then the cost should also increase.O No, because it is expected that as the credit score increases then the cost should also increase.TablesKeypadKeyboard Shortcuts

The question is about regression.Given :Independent variables : Car accidents, credit score, safety…

Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver's credit score, and safety rating of the car. Intercept Car Accidents (In last 3 years) Credit Score Safety Rating Answer Coefficients 933 167.94 -102.63 -199.18 Does the sign of the coefficient for the variable credit score make sense? Coefficients Standard Error t Stat P-value 9.754 0.0000 95.65 17.99 10.89 19.98 9.335 -9.424 -9.969 0.0000 0.0000 0.0000 O Yes, because it is expected that as the credit score increases then the cost should decrease. O No, because it is expected that as the credit score increases then the cost should decrease. O Yes, because it is expected that as the credit score increases then the cost should also increase. O No, because it is expected that as the credit score increases then the cost should also increase. Tables Keyp- Keyboard Short

Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver's credit score, and safety rating of the car. Intercept Car Accidents (In last 3 years) Credit Score Safety Rating Answer Coefficients 933 167.94 -102.63 -199.18 Does the sign of the coefficient for the variable credit score make sense? Coefficients Standard Error t Stat P-value 9.754 0.0000 95.65 17.99 10.89 19.98 9.335 -9.424 -9.969 0.0000 0.0000 0.0000 O Yes, because it is expected that as the credit score increases then the cost should decrease. O No, because it is expected that as the credit score increases then the cost should decrease. O Yes, because it is expected that as the credit score increases then the cost should also increase. O No, because it is expected that as the credit score increases then the cost should also increase. Tables Keyp- Keyboard Short

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.6: Regression And Median-fit Lines

Problem 6PPS

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