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Element of economics - Essay Example

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An insurance manager believes that the number of new policies written annually by his agents is related to the number of years of selling experience these agents have. A random sample of 12 agents revealed the following data:
d) If r = 0, i.e., the coefficient of correlation is…
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Element of economics

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Element of economics

Download file to see previous pages... Hence the least-squares regression line fitted is very good. So if we estimate the number of policies written by an agent with one year experience, it will be ...Download file to see next pagesRead More
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