Question
Let x be the size of a house (in square feet) and y be the amount of natural gas used (therms) during a specified period.
Letxbe the size of a house (in square feet) andybe the amount of natural gas used (therms) during a specified period. Suppose that for a particular community,xandyare related according to the simple linear regression model with the following values.
= slope of population regression line =0.013
=yintercept of population regression line=5
(a) What is the equation of the population regression line?
y=
(b) What is the mean value of gas usage for houses with2100sq. ft. of space?
(c) What is the average change in usage associated with a 1 sq. ft. increase in size?
(d) What is the average change in usage associated with a 100 sq. ft. increase in size?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started