TABLE 17-5 You Worked as an Intern at We Always Win Car

question 300

Short Answer

TABLE 17-5
You worked as an intern at We Always Win Car Insurance Company last summer.You notice that individual car insurance premiums depend very much on the age of the individual,the number of traffic tickets received by the individual,and the population density of the city in which the individual lives.You performed a regression analysis in EXCEL and obtained the following information:
-Referring to Table 17-5,the estimated mean change in insurance premiums for every 2 additional tickets received is ________.