Analysis of variance for Cost of accident
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Calculation of:
1. Bivariate and Multiple regression analysis.
2. Evaluation using the F and t statistics
3. Residual chart analysis
4. Discussion and analysis of the slope, y intercept, and regression equation.
5. Discussion of your hypothesis and null hypothesis
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Solution Summary
The solution gives the details of ANOVA for cost of accident data. ANOVA table, r-square value, test statistic are given with interpretations of the results obtained.
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