Question
1.A consumer buying cooperative tested the effective heating area of 20 different electric space heaters with different wattages. Here are the results. HeaterWattageArea11,46022526509431,43017541,23013451,31015161,28022471,06011981,98031191,030114101,600234111,2709012460761354072141,550180152,100258161,4102331774087181,530228191,2401462050029 a. Compute
1.A consumer buying cooperative tested the effective heating area of 20 different electric space heaters with different wattages. Here are the results.
HeaterWattageArea11,46022526509431,43017541,23013451,31015161,28022471,06011981,98031191,030114101,600234111,2709012460761354072141,550180152,100258161,4102331774087181,530228191,2401462050029
a. Compute the correlation between the wattage and heating area.
b.Develop the regression equation for effective heating based on wattage.
c. Which heater looks like the "best buy" based on the size of the residual?
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Contemporary Business Mathematics With Canadian Applications
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
12th Edition
0135285011, 978-0135285015
