Regression Example

Insurance Operating Cost Model

insure<-read.csv("F:\\R Course\\Research Presentation\\Datasets\\Insure_auto.csv")

insure_Analyze <- insure[,-1]
n <- nrow(insure_Analyze)
fit <- lm(Operating_Cost ~ . , data=insure_Analyze)
sfit <- summary(fit)
b <- coefficients(fit)

Regression output of Insurance data with 10 records is given by:

library(xtable)
options(xtable.comment=FALSE)
print(xtable(sfit), type="html",html.table.attributes="border=1")
Estimate Std. Error t value Pr(>|t|)
(Intercept) -10084.2131 3504.1812 -2.88 0.0237
Home 167.3267 5.8955 28.38 0.0000
Automobile 54.1053 3.6559 14.80 0.0000

It’s R2 = 0.9967184.