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Average number of employees in a group health

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Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. Suppose a random sample of employees gave the following information.

x28143273

y5045352816

Given that the value of r is -0.949, should y increase as x increases, does the value of r imply that y should tend to increase, decrease, or remain the same? Explain.

Reference no: EM132201188

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