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Ameren utility wanted to find the effects of temperature (x) on the natural gas consumption (y). Using 16 observations from Macomb neighborhood it ran a
Ameren utility wanted to find the effects of temperature (x) on the natural gas consumption (y). Using 16 observations from Macomb neighborhood it ran a regression and reported following results.
Regression Statistics Multiple R 0.995 R Square 0.991 Adjusted R Square 0.990 Standard Error 0.339 Observations 16.000 ANOVA of 55 MS F Significance F Regression 1.000 168.581 168.581 1467.551 0.000 Residual 14.000 1.608 0.115 Total 15.000 170.189 Coefficients Standard Error t Stot P-value Lower 95% Upper 95% Intercept -7.9646 3.1110 -2.5600 0.0166 0.791 1.387 X Variable 1 12.5486 1.2708 9.8740 0.0010 0.178 0.200Step by Step Solution
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