An actuary thinks there is a linear relationship between age and driving tickets in a five-year span. The following table contains data from a sample of 12 persons. Use this data to answer questions 4-6.
Age (x)
- 28
- 57
- 29
- 59
- 54
- 29
- 20
- 33
- 40
- 39
Tickets (y)
- 3
- 1
- 2
- 2
- 2
- 3
- 4
- 4
- 5
- 3
1. Calculate and Interpret the pearson's correlation coefficient between the variables X and Y, , and the coefficient of determination between the variables X and Y,.
2. Determine the coefficients of the least squares regression line for the following model between age and tickets in a 5-yr span:
Use the least-squares regression line to predict the expected number of tickets in 5-yr span for a person who is 30 years old, . Note: