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An auto insurance company reported the following

Basic Statistics for Business and Economics | 7th Edition | ISBN: 9780077384470 | Authors: Douglas Lind; William Marchal; Samuel Wathen ISBN: 9780077384470 64

Solution for problem 31E Chapter 4

Basic Statistics for Business and Economics | 7th Edition

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Basic Statistics for Business and Economics | 7th Edition | ISBN: 9780077384470 | Authors: Douglas Lind; William Marchal; Samuel Wathen

Basic Statistics for Business and Economics | 7th Edition

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Problem 31E

An auto insurance company reported the following information regarding the age of a driver and the number of accidents reported last year. Develop a scatter diagram for the data and write a brief summary.

Age

Accidents

16

4

24

2

18

5

17

4

23

0

27

1

32

1

22

3

Step-by-Step Solution:
Step 1 of 3

Solution:  

Step1 of 1:

   The given information regarding that the age of a driver and the number of accidents reported last year.

             

Age

Accidents

16

4

24

2

18

5

17

4

23

0

27

1

32

1

22

3

   

   We have to draw a scatter diagram for the data and to write a brief summary.

  We can draw a scatter diagram using excel.

      

   ...

Step 2 of 3

Chapter 4, Problem 31E is Solved
Step 3 of 3

Textbook: Basic Statistics for Business and Economics
Edition: 7
Author: Douglas Lind; William Marchal; Samuel Wathen
ISBN: 9780077384470

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An auto insurance company reported the following

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