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:

Big Five Model

A personality psychology theory identifying five main traits that describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Openness To Experience

A personality trait that involves a willingness to consider new ideas, experiences, and various forms of intellectual and cultural exploration.

Middle Age

The period of adulthood roughly between the ages of 40 and 65, often associated with adjustments to aging and potential midlife crisis.

Job Satisfaction

The level of contentment employees feel about their work, which can influence their motivation, performance, and likelihood to remain in a job.