Suppose your instructor asked you to look at the influence of age (X) on automobile insurance...

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Advance Math

Suppose your instructor asked you to look at the influence ofage (X) on automobile insurance premium rates (Y). List threevariables you might control for in your regression analysis and whyyou would control for them (that is, what effect would thesecontrol variables have on insurance rates?).

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Where Constantm0m1m2m3 areregression coefficientsXPQR are independant Variablesy is a dependent variableP How much the car is used in terms ofmiles If you    See Answer
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