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Question 6 (5 points) ✓ Saved Question 2(B): The following model test the effect of Credit Score and Student status on Insura
The following model test the effect of Credit Score and Student status on Insurance Premium (response variable): Insurance Pr
Credit Score -4.17 5.54 <0.000 Credit Score Student -0.78 1.33 0.18 Explain the coefficient in terms of how changes in Credit
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6). Effect of credit score on insurance premiums for non-students is -4.17 and it is highly significant as p-value is less than 0.000. (Option b)

2nd question: If credit score increases by 1 unit then insurance premium will go down by 4.17 on average for non-students. (Option a)

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