Question

0 Let x be the average number of employees in a group health insurance plan, and...

0 Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. Suppose a random sample of employees gave the following information.

x

2

8

14

32

73

y

50

45

35

28

16

Compute r.

Group of answer choices

0.949

0.130

none of these choices

–0.130

–0.949

Homework Answers

Answer #1

The statistical software output for this problem is :

r = -0.949

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