Column

Chart A

Column

Chart B

Chart C


Call:
lm(formula = charges ~ age + bmi + smoker + children + sex + 
    region, data = insurance)

Residuals:
     Min       1Q   Median       3Q      Max 
-11304.9  -2848.1   -982.1   1393.9  29992.8 

Coefficients:
                Estimate Std. Error t value Pr(>|t|)    
(Intercept)     -11938.5      987.8 -12.086  < 2e-16 ***
age                256.9       11.9  21.587  < 2e-16 ***
bmi                339.2       28.6  11.860  < 2e-16 ***
smokeryes        23848.5      413.1  57.723  < 2e-16 ***
children           475.5      137.8   3.451 0.000577 ***
sexmale           -131.3      332.9  -0.394 0.693348    
regionnorthwest   -353.0      476.3  -0.741 0.458769    
regionsoutheast  -1035.0      478.7  -2.162 0.030782 *  
regionsouthwest   -960.0      477.9  -2.009 0.044765 *  
---
Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1

Residual standard error: 6062 on 1329 degrees of freedom
Multiple R-squared:  0.7509,    Adjusted R-squared:  0.7494 
F-statistic: 500.8 on 8 and 1329 DF,  p-value: < 2.2e-16

Call:
lm(formula = charges ~ age + smoker, data = insurance)

Residuals:
     Min       1Q   Median       3Q      Max 
-16088.1  -2046.8  -1336.4   -212.7  28760.0 

Coefficients:
            Estimate Std. Error t value Pr(>|t|)    
(Intercept) -2391.63     528.30  -4.527 6.52e-06 ***
age           274.87      12.46  22.069  < 2e-16 ***
smokeryes   23855.30     433.49  55.031  < 2e-16 ***
---
Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1

Residual standard error: 6397 on 1335 degrees of freedom
Multiple R-squared:  0.7214,    Adjusted R-squared:  0.721 
F-statistic:  1728 on 2 and 1335 DF,  p-value: < 2.2e-16