In an attempt to determine the factors that affect the amount of energy used, 200 households were analysed. In each, the number of occupants and the amount of electricity used (watt-hours) were measured. The estimated linear regression equation describing the relationship between the Amount of energy used (y) and the Number of occupants (x) is given by y^ = 458.9 + 64x. Forecast the amount of energy used (in watt-hours) in a household with 4 occupants (x = 4):
a. |
458.9 |
|
b. |
714.9 |
|
c. |
64 |
|
d. |
2091.6 |
Solution:
The estimated linear regression equation is
y^ = 458.9 + 64x
Put x = 4 in this equation.
y^ = 458.9 + (64 * 4)
= 458.9 + 256
= 714.9
Answer is option b. 714.9
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Question:
The Australian Government’s Energy Efficiency Opportunities
program encourages large energy using businesses to improve their
energy efficiency. It does this by requiring businesses to
identify, evaluate and report publicly on cost effective energy
savings opportunities. As part of the process of identifying
factors impacting on electricity consumption, a large super market
chain took a sample of 30 stores and investigated the relationship
between electricity consumption and store size....
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