Examlex

Solved

Life Expectancy an Actuary Wanted to Develop a Model to Predict

question 49

Essay

Life Expectancy
An actuary wanted to develop a model to predict how long individuals will live.After consulting a number of physicians,she collected the age at death (y),the average number of hours of exercise per week (x1),the cholesterol level (x2),and the number of points that the individual's blood pressure exceeded the recommended value (x3).A random sample of 40 individuals was selected.The computer output of the multiple regression model is shown below. THE REGRESSION EQUATION IS y = 55.8 + 1.79x1− 0.021x2− 0.061x3  Life Expectancy  An actuary wanted to develop a model to predict how long individuals will live.After consulting a number of physicians,she collected the age at death (y),the average number of hours of exercise per week (x<sub>1</sub>),the cholesterol level (x<sub>2</sub>),and the number of points that the individual's blood pressure exceeded the recommended value (x<sub>3</sub>).A random sample of 40 individuals was selected.The computer output of the multiple regression model is shown below. THE REGRESSION EQUATION IS y = 55.8 + 1.79x<sub>1</sub>− 0.021x<sub>2</sub>− 0.061x<sub>3</sub>   ​ S = 9.47 ​ R−Sq = 22.5% ANALYSIS OF VARIANCE   ​ ​ -{Life Expectancy Narrative} Is there enough evidence at the 5% significance level to infer that the cholesterol level and the age at death are negatively linearly related? ​ S = 9.47 ​ R−Sq = 22.5% ANALYSIS OF VARIANCE  Life Expectancy  An actuary wanted to develop a model to predict how long individuals will live.After consulting a number of physicians,she collected the age at death (y),the average number of hours of exercise per week (x<sub>1</sub>),the cholesterol level (x<sub>2</sub>),and the number of points that the individual's blood pressure exceeded the recommended value (x<sub>3</sub>).A random sample of 40 individuals was selected.The computer output of the multiple regression model is shown below. THE REGRESSION EQUATION IS y = 55.8 + 1.79x<sub>1</sub>− 0.021x<sub>2</sub>− 0.061x<sub>3</sub>   ​ S = 9.47 ​ R−Sq = 22.5% ANALYSIS OF VARIANCE   ​ ​ -{Life Expectancy Narrative} Is there enough evidence at the 5% significance level to infer that the cholesterol level and the age at death are negatively linearly related? ​ ​
-{Life Expectancy Narrative} Is there enough evidence at the 5% significance level to infer that the cholesterol level and the age at death are negatively linearly related?


Definitions:

Competence

The ability of an individual or organization to effectively perform or carry out a specific task or skill.

Kurt Lewin

A psychologist known for his contributions to social psychology, particularly his theories on group dynamics, leadership styles, and organizational change.

Change Model

An approach or methodology utilized to facilitate transformation or modification within an organizational setting.

Attitudes

Mental states or positions regarding a person, item, or issue, encompassing beliefs, feelings, and behavioral intentions.

Related Questions