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1.Consider the data table 4. Augment the data by the dummy variable cooling tower as given in Table 6. a.Build a multiple regression model to

1.Consider the data table 4. Augment the data by the dummy variable "cooling tower" as given in Table 6.

a.Build a multiple regression model to predict ln (C) by taking S and N or their natural logarithms, as well as CT, as the independent variables. Make sure to check for multicollinearity.

b.Use residual analysis and R2 to check your model.

c.State which variables are important in predicting the cost of constructing an LWR plant.

d.State a prediction equation that can be used to predict ln(C).

e.Does adding CT improve R2? If so, by what amount?

Please provide your work in detail and include in-text citations.

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Table 4 Table 6 Data Concerning Construction of Light Water Reactors Cooling Tower Data in Constructing Light Water Reactors Plant C S N Plant CT 460.05 687 14 1 0 2 452.99 1,065 3 443.22 1.065 1 1 4 652.32 1.065 12 5 642.23 1,065 12 1 6 345.39 514 3 272.37 822 5 8 317.21 457 9 457.12 822 5 10 690.19 792 2 11 350.63 560 3 12 402.59 790 6 13 412.18 530 2 14 495.58 1,050 7 15 394.36 850 16 16 423.32 778 3 16 17 712.27 845 17 -OO 18 289.66 530 2 18 19 881.24 1,090 19 20 490.88 1,050 8 20 0 21 567.79 913 15 21 22 665.99 828 20 22 0 23 621.45 786 18 23 1 24 608.8 321 3 24 0 25 473.64 538 19 25 26 697.14 1,130 21 26 27 207.51 745 8 27 0 28 288.48 321 7 28 29 284.88 886 11 29 30 280.36 886 11 30 31 217.38 745 8 31 0 32 270.71 886 11 32 1

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