Kindly answer all please. Badly needed thank you I.Solve the following problems,An insurance company wished to examine the relationship between income and amount of life insurance held byheads of families. The company drew a simple random sample of 10 heads of families and obtained the followingresults, as shown in the following table:Amount of LifeInsurance (x)Monthly Income (y)Familyxy(in thousand pesos)(in thousand pesos)501270158018120282504060126013200354005010025Σy² =Ex=Ey=.n=Exy=a. Determine the linear regression equation using method of least squares with the monthly income as theindependent variable.b. Estimate the amount of life insurance obtained by a family head from the same population whose monthly incomeis P25,000ABCDEFGH

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I. Solve the following problems. An insurance company wished to examine the relationship between income and amount of life insurance held by heads of families. The company drew a simple random sample of 10 heads of families and obtained the following results, as shown in the following table: Amount of Life Monthly Income (y) Family Insurance (x) xy (in thousand pesos) (in thousand pesos) 50 12 70 15 80 18 120 28 250 40 60 12 60 13 200 35 400 50 100 25 Ey=. Exy= Ex= Σy² = Ex² = n= a. Determine the linear regression equation using method of least squares with the monthly income as the independent variable. b. Estimate the amount of life insurance obtained by a family head from the same population whose monthly income is P25,000 AB А C DEEG F G H

I. Solve the following problems. An insurance company wished to examine the relationship between income and amount of life insurance held by heads of families. The company drew a simple random sample of 10 heads of families and obtained the following results, as shown in the following table: Amount of Life Monthly Income (y) Family Insurance (x) xy (in thousand pesos) (in thousand pesos) 50 12 70 15 80 18 120 28 250 40 60 12 60 13 200 35 400 50 100 25 Ey=. Exy= Ex= Σy² = Ex² = n= a. Determine the linear regression equation using method of least squares with the monthly income as the independent variable. b. Estimate the amount of life insurance obtained by a family head from the same population whose monthly income is P25,000 AB А C DEEG F G H

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter5: A Survey Of Other Common Functions

Section5.3: Modeling Data With Power Functions

Problem 6E: Urban Travel Times Population of cities and driving times are related, as shown in the accompanying...

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