The Actuarial Department of an insurance company wasassigned the task of determi

The Actuarial Department of an insurance company wasassigned the task of determining the relationship between thedistance to a fire station and the amount of damage to a house.This is one factor that is utilized in determining the cost ofinsurance for a home owner. A sample of 35 claims was selected fromlast year. When the analysis was completed the following regressionequation was the result.