Annual Premium per $1,000 of life insurance: 5 year term Age Male Female
18 - 30 $2.47 $2.13
35 $2.70 $2.29
You are a 25 year old female. You want $500,000.00 in term life insurance.
Calculate the annual Premium.

answer: 33 ( approx)

step-by-step explanation:

since, in the linear regression formula, the slope is the a in the equation y = b + ax ( by comparing it with the general equation of line y = mx + c )

where,

here given table is,

price ($), x   :           18         23       25       29       30       33

pairs sold, y :         16         13         10       8         6       2

so, ,   ,   ,

and   ,

thus, slop of the given line is,

⇒  

⇒   ≈ 33

when the daily mileage is greater than 40 miles, unlimited mileage plan will save you money. 40 miles is the break-even point.

step-by-step explanation:

good luck on ur quiz test or homework. have a good day : )