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Question 2 [10 marks] The image below contains the results from a regression using data on oil consumption and temperature. The dependent variable is oil
Question 2 [10 marks] The image below contains the results from a regression using data on oil consumption and temperature. The dependent variable is oil consumption (gallons) and the independent variables are temperature and temperature squared (both measured in Farenheit). What is the predicted oil consumption if the temperature is 70 degrees Farenheit? Source SS MS Number of obs F(2, 52) 75. Model 23077.8955 2 11538.9477 Prob > F Residual 7924.97277 52 153.749476 R-squared 9.7427 Adj R-squared 9.7328 Total 31072.8682 54 575.423486 Root MSE 12.4 oil_consumption Coef. Std. Err. [95% Conf. Interval] temperature -4.053939 .8562985 -4.73 -5.772228 -2.335651 temperature_squared .0266674 908641 3.32 0.002 .010532 .0428027 cons 176.6766 21.22116 8.33 134.0932 219.2599 Q2 Type your answer here. [10 marks] B i A X X 2. X Activate Windows Go to Settings to activa Proctorio is sharing your screen. Stop sharing Hide
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