The extraordinary point is Iceland. If we set it aside, the model looks like this Response variable

Question:

The extraordinary point is Iceland. If we set it aside, the model looks like this Response variable is: Energy Use 2010 R squared = 88.6%

s = 13.10 with 32 - 2 = 30 degrees of freedom Variable Coefficient SE(Coeff) t-Ratio P-Value Intercept 5.74436 9.061 0.634 0.5309 Energy 2006 0.921540 0.0605 15.2 60.0001

c) How has setting aside Iceland changed the regression model? How is it likely to affect the intervals discussed in

a) and b)?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

Question Posted: