question archive The National Underwriter Company in Cincinnati, Ohio, publishes property and casualty insurance data
The National Underwriter Company in Cincinnati, Ohio, publishes property and casualty insurance data
Subject:StatisticsPrice: Bought3
The National Underwriter Company in Cincinnati, Ohio, publishes property and casualty insurance data. Given here is a portion of the data published. These data include information from the U.S. insurance industry about (1) net income after taxes, (2) dividends to policyholders, (3) net underwriting gain/loss, and (4) premiums earned. Use the data and stepwise regression to predict premiums earned from the other three variables.
|
Premiums |
Net |
|
Underwriting |
|
Earned |
Income |
Dividends |
Gain/Loss |
|
30.2 |
1.6 |
.6 |
.1 |
|
47.2 |
.6 |
.7 |
-3.6 |
|
92.8 |
8.4 |
1.8 |
-1.5 |
|
95.4 |
7.6 |
2.0 |
-4.9 |
|
100.4 |
6.3 |
2.2 |
-8.1 |
|
104.9 |
6.3 |
2.4 |
-10.8 |
|
113.2 |
2.2 |
2.3 |
-18.2 |
|
130.3 |
3.0 |
2.4 |
-21.4 |
|
161.9 |
13.5 |
2.3 |
-12.8 |
|
182.5 |
14.9 |
2.9 |
-5.9 |
|
193.3 |
11.7 |
2.9 |
-7.6 |
