For the leading health maintenance organization (HMO) firms, below lists the number of persons enrol
Question: For the leading health maintenance organization (HMO) firms, below lists the number of persons enrolled in the HMO along with the number of plans the firm administers. Given these data, determine the least-squares equation for predicting the total enrollment as a function of the number of plans administered. What would be the estimated total enrollment for an HMO firm that administered 20 plans?
HMO Enrolled | Number of Plans |
13317160 | 85 |
8054722 | 12 |
4680685 | 38 |
4201608 | 27 |
4027065 | 12 |
3507096 | 19 |
3292842 | 47 |
2435410 | 33 |
1736300 | 5 |
1677521 | 13 |
1265992 | 10 |
1110696 | 4 |
888780 | 2 |
866715 | 18 |
666420 | 8 |
603317 | 3 |
510237 | 6 |
497012 | 2 |
410775 | 3 |
348685 | 3 |
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See Solution: The solution consists of 2 pages
Solution Format: Word Document
Solution Format: Word Document
