TABLE 14-10 You Worked as an Intern at We Always Win Car

question 266

Short Answer

TABLE 14-10
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 14-10, the proportion of the total variability in insurance premiums that can be explained by AGE, TICKETS, and DENSITY is ________.

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Definitions:

Grapevine

Informal, unofficial, and personal communication network within an organization.

Informal Group Network

A network of personal and social relationships that occur naturally within the workplace, outside of formal organizational structures.

Interpersonal Communication Network

The system or pattern of exchanges of information and relationships between individuals within a group or organization.

Professional Association

An organization seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest.