Discussion Question

As part of their Science Festival, a group of university undergraduates is attempting to build a multiple regression model that could help homeowners to predict the amount spent on electricity based on the following parameters (independent variables):

?Number of Occupants in the house

?Floor Area of the House

?Number of Window Opening in the house

?Number of Lightings in the house

?Age of the Air-conditioner

?Average Daily Temperature

Based on 100 household data surveyed randomly from the neighbourhood, they discovered that only these parameters are truly significant for the multiple regression model:

?Number of Occupants in the house

?Floor Area of the House

?Number of Window Opening in the house

?Number of Lightings in the house

With that, the group submitted their project report with the regression model equation that contains the above-reduced set of parameters.

You are the judge for the project.

Discuss whether there are other statistical analysis needs to be performed before approving the revised result.

Justify your answer with example(s) or evidence(s).

Rating Criteria 1. Point of view a. Explain your personal perspective, which is inuenced by your experiences, culture and interests. b. Apply and analyse relevant concepts, theories, logic or materials to argue/support your point of view by midweek to extend the dialogue. i. Questions to consider: - What experiences, concepts, theories, logic or materials convinced you of your point of view? - How are you looking at this situation? Is there another way to look at it that you should consider? - Is your view the only reasonable view? What does your point of view ignore? 2. Evidence 3. Apply relevant information facts, data, evidence, or real worid examples to support your point of view. Cite relevant information and references in APA format. i. Questions to consider: - What information do you need to support your point of view? - Does the information supportIoppose your point of view? - How credible is the information? 3. Implications and consequences a. Explain the implications and/ or consequences of your reasoning. i. Questions to consider: - Given all the facts, what is the best possible conclusion/solution? - If you conclude in this way, what might happen? - What are the possible outcomes of your conclusion/solution