Question

d)An insurance company will only sell its Select policy to people for whom the probability of a stroke in the next 10 years is less than 0.01. If a smoker with a systolic blood pressure of 230 applies for a Select policy, under what condition will the company sell him the policy if it adheres to this standard

Answer 1

Answer:

Check the explanation

Step-by-step explanation:

The First action is to enter the data in Excel and then save it as a csv file. Then call the data set in R using your saved path,  I have made use of my computer path here in my code. please change it for yours.

Here is the code That you need to use for finding the multiple limear regression model and summary of it.

code:

data=read. csv("C:\\Users\\HP\\Desktop\\chegg. csv")

data

attach(data)

model=lm(Risk~Age+Blood.Pressure+Smoker)

summary(model)

And Here is the output:

Call:

lm(formula = Risk ~ Age + Blood.Pressure + Smoker)

Residuals:

Min 1Q Median 3Q Max

-13.1064 -1.5715 0.4225 3.4855 8.5561

Coefficients:

Estimate Std. Error t value Pr(>|t|)    

(Intercept) -91.75950 15.22276 -6.028 1.76e-05 ***

Age 1.07674 0.16596 6.488 7.49e-06 ***

Blood.Pressure 0.25181 0.04523 5.568 4.24e-05 ***

Smoker 8.73987 3.00082 2.912 0.0102 *  

---

Signif. codes: 0 ‘***’ 0.001 ‘**’ 0.01 ‘*’ 0.05 ‘.’ 0.1 ‘ ’ 1

Residual standard error: 5.757 on 16 degrees of freedom

Multiple R-squared: 0.8735, Adjusted R-squared: 0.8498

F-statistic: 36.82 on 3 and 16 DF, p-value: 2.064e-07

The answer is now written in the notebook which i am uploading..