Relationship between age and driving tickets

Assignment Help Basic Statistics
Reference no: EM131760777

An actuary thinks there is a linear relationship between age and driving tickets in a five-year span. The following table contains data from a sample of 12 persons. Use this data to answer questions 4-6.

Age (x)

  1. 28
  2. 57
  3. 29
  4. 59
  5. 54
  6. 29
  7. 20
  8. 33
  9. 40
  10. 39

Tickets (y)

  1. 3
  2. 1
  3. 2
  4. 2
  5. 2
  6. 3
  7. 4
  8. 4
  9. 5
  10. 3

1. Calculate and Interpret the pearson's correlation coefficient between the variables X and Y, , and the coefficient of determination between the variables X and Y,.

2. Determine the coefficients of the least squares regression line for the following model between age and tickets in a 5-yr span:

Use the least-squares regression line to predict the expected number of tickets in 5-yr span for a person who is 30 years old, . Note:

Reference no: EM131760777

Questions Cloud

What are the underlying events that require the entries : What is the locale indicated for the sales tax? Use these questions and your knowledge to discuss these 3 steps
Research two manufacturing or two service companies : Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.
Explain why the civil war is considered the first modernwar : Explain why the Civil War is considered the first modernwar. Describe how a war to preserve the Union became awar to end slavery.
Discuss what are the general federal income tax consequences : What are the general federal income tax consequences if she established a corporation
Relationship between age and driving tickets : An actuary thinks there is a linear relationship between age and driving tickets in a five-year span. The following table contains data from a sample
Starbooks corporation provides an online bookstore : Starbooks Corporation provides an online bookstore for electronic books. The following is a simplified list of accounts and amounts reported in its accounting r
Discuss five operations management strategic decisions : Discuss five operations management strategic decisions that led Starbucks to generate great success in the market according to the given case.
Explore the ideas or details that become more apparent : What emerges from silence? Write a poem in which you explore the ideas or details that become more apparent within or after silence.
New selection criteria : Why is it important to promote a sample of names not meeting the selection criteria when rolling out with a new selection criteria?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd