Actuarial Notes

Exam MAS-I Practice Question 139

Study guide: Exam MAS-I

Five vehicle-age groups have these average claim severities (in thousands):

Vehicle age x 1 2 3 4 5
Severity y 8 7 7 5 3

Calculate the sample correlation coefficient between x and y. Give your answer to three decimal places, with a minus sign if negative (e.g. -0.125).

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Concepts tested

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