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A regression predicting total monthly retail sales of electricity in the United States as a function of population (in millions) has been run on monthly
A regression predicting total monthly retail sales of electricity in the United States as a function of population (in millions) has been run on monthly data from January 2002 (month 1) to September 2020 (month 225). The regression report is given below. The variables are retail sales of electricity in millions of kilowatt hours (Electricity_Sales_million_kWh) and population in millions (Population). A "retail sale" of electricity is a sale of kilowatt hours to an end user and not to an intermediary. The regression printout is given below.
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