A statstics student gathered data on the monthly car insurance premiums paid by students and faculty at her community college. Here is the equation of the regression line based on her data: predicted monthly car insurance premiums = 97-1.45(* years of driving experience) what is the y intercept of this line in an ordered pair
ago in Statistics Answers by

Your answer

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.

1 Answer

The y intercept is 97. This means that for a driver with no experience the premium is 97 currency units. Each successive year of experience reduces the premium by 1.45 currency units.

ago by Top Rated User (735k points)

Related questions

Welcome to MathHomeworkAnswers.org, where students, teachers and math enthusiasts can ask and answer any math question. Get help and answers to any math problem including algebra, trigonometry, geometry, calculus, trigonometry, fractions, solving expression, simplifying expressions and more. Get answers to math questions. Help is always 100% free!
84,733 questions
89,771 answers
26,992 users