The Final project in this class
Issaiah Jennings Final Project Introduction My project aimed to determine whether smoking status and region (northeast, southeast, southwest, northwest) significantly impact insurance charges. Specifically, I wanted to see if smokers incur higher charges compared to non-smokers and whether insurance costs differ across regions. Understanding these relationships could help insurance providers identify how lifestyle and geographic factors influence healthcare costs, ultimately guiding pricing strategies and market targeting. Methods This project closely relates to concepts from class, particularly hypothesis testing and statistical analysis. For example, I used a t-test to compare the average insurance charges between smokers and non-smokers, a method we learned to analyze differences between two groups. Similarly, I applied ANOVA (Analysis of Variance) to test for differences in average charges across multiple groups, in this case, the regions. These methods align with the c...