Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents, driver’s credit score, and safety rating of the car. Coefficients Standard Error t Coefficients Stat P-value Intercept 1117 113.71 9.823 0.0000 Car Accidents(In last 3 years) 201.06 20.67 9.727 0.0000 Credit Score −122.87 13.47 −9.122 0.0000 Safety Rating −268.22 26.94 −9.956 0.0000 Does the sign of the coefficient for the variablesafety rating make sense?

Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents , driver’s credit score , and safety rating of...

Consider the following computer output from a multiple regression analysis relating the
cost
of car insurance to the variables:
number of car accidents,
driver’s credit score, and
safety rating of the car.

	Coefficients	Standard Error	t

Coefficients

Stat	P-value
Intercept	1117

113.71

9.823

0.0000


Car Accidents (In last 3 years)	201.06

20.67

9.727

0.0000


Credit Score	−122.87

13.47

−9.122

0.0000


Safety Rating	−268.22

26.94

−9.956

0.0000

Does the sign of the coefficient for the variablesafety rating
make sense?

Jun 08, 2022

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Consider the following computer output from a multiple regression analysis relating the cost of car insurance to the variables: number of car accidents , driver’s credit score , and safety rating of...

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