Question
(b) Generate a 95% confidence interval for the slope in this regression. (c) Estimate the electricity usage for an apartment measuring 1,500 sq.ft. A single
(b) Generate a 95% confidence interval for the slope in this regression. (c) Estimate the electricity usage for an apartment measuring 1,500 sq.ft. A single number estimate is sufficient, there is no need to calculate a prediction interval. (d) What percent of the variation of the electricity usage is explained by the variation of the size? (e) In another regression run, the square of the size variable has been included in addition to the size. The new column is called SIZESQ. The Minitab output is available in "Documents", under "Final exam, second Minitab output". Is the model including SIZESQ better than the one not including it? A yeso is not enough, give a reason. (f) The electricity usage of a particular 2,000 sq ft. apartment 1,820 kilowatt-hours. The 95% confidence interval Minitab created at SIZE=2,000 is (1, 712 ? 1, 796). Can you conclude that this apartment has an unusually high electricity usage?
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