2.51.50.56.101214161820Percentage of drivers under age 21Upon visual inspection, you determine that the variables do have a linear relationship. After a linear pattern has been established visually, you now proceed withperforming linear regression analysis. The results are as follows:TABLE. LINEAR REGRESSION OUTPUTFOR U.S. DEPARTMENT OF TRANSPORTATION PROBLEMCoefficientsStandard Errort Statisticp-valueIntercept-1.59740.3717-4.29790.0001Percent Under 210.28710.02949.76710.0000What is the predicted value for accidents per 1000 licenses for a city that has 13% of its licensed drivers under age 21, according to the estimated regressionequation?O 2.962O 2.135O 2.634O 1.142......00Fatal accidents per 100 U.S. Department of TransportationAs an auto insurance risk analyst, it is your job to research risk profiles for various types of drivers. One common area of concern for auto insurance companiesis the risk involved when offering policies to younger, less experienced drivers. The U.S. Department of Transportation recently conducted a study in which itanalyzed the relationship between 1) the number of fatal accidents per 1000 licenses, and 2) the percentage of licensed drivers under the age of 21 in a sampleof 42 cities.Your first step in the analysis is to construct a scatterplot of the data.FIGURE. SCATTERPLOT FOR U.S. DEPARTMENT OF TRANSPORATION PROBLEMU.S. Department of TransportationThe Relationship Between Fatal Accident Frequency and Driver Age4.54.3.53.2.51.50.50.6.8101214161820Percentage of drivers under age 21pon visual inspection, you determine that the variables do have a linear relationship. After a linear pattern has been established visually, you now proceed witherforming linear regression analysis. The results are as follows:2.1.Fatal accidents per 1000 licenses

Question

Accepted Answer

Answered: Image /qna-images/answer/1581ead1-a7a2-4ded-b911-92656b91907a.jpg

What is the predicted value for accidents per 1000 licenses for a city that has 13% of its licensed drivers under age 21, according to the estimated regression equation? O2.962 O 2.135 O 2.634 O 1.142