Question

To determine premiums for automobile insurance, companies must have an understanding of the variables that affect whether a driver will have an accident. The age of the driver may top the list of variables. The following table lists the number of drivers in the United States, the number of fatal accidents, and the number of total accidents in each age group in 2002.

1. Calculate the accident rate (per driver) and the fatal accident rate (per 1,000 drivers) for each age group.

2. Graphically depict the relationship between the ages of drivers, their accident rates, and their fatal accident rates (per 1,000 drivers).

3. Briefly describe what you have learned

4. Age Group (Years)	Number of drivers (1,000s)	Accidents (1,000s)	Fatal accidents
   Under 20	9,508	3,543	6,118
   20–24	16,768	2,901	5,907
   25–34	33,734	7,061	10,288
   35–44	41,040	6,665	10,309
   45–54	38,711	5,136	8,274
   55–64	25,609	2,775	5,322
   65–74	15,812	1,498	2,793
   Over 74	12,118	1,121	3,689

Answer 1

1. ​​​​​​​​​​​​​​As you see age(under 20 ) has high accident and fatal accident rate as compare to other age groups and also number of driver are less in this age group.And in all the age group Fatal accident rate is greater than accident rate.