An insurance company wants to know how the amount of life in…

Written by Anonymous on July 1, 2026 in Uncategorized with no comments.

Questions

An insurаnce cоmpаny wаnts tо knоw how the amount of life insurance depends on the income of persons. The research department at the company collected information on six persons. The following table lists the annual incomes (in thousands of dollars) and amounts (in thousands of dollars) of life insurance policies for these six persons.    Annual Income (X) Life Insurance (Y) 62 250 78 300 41 100 53 150 85 500 34 75 a. Calculate the Pearson's Correlation between the two variables (2 pts). b. Find the regression line

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