Question: 1. Use each model to predict how much a 58-year-old would pay for such a policy. a. premium = -343 + 8.63(age) b. In(premium) =

 1. Use each model to predict how much a 58-year-old would

1. Use each model to predict how much a 58-year-old would pay for such a policy. a. premium = -343 + 8.63(age) b. In(premium) = -12.98 + 4.416 In(age) c. In(premium) = -0.063 + 0.0859(age)

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