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

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