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You will apply regression analysis, a popular statistical method, to study the potential relationship between three variables. For example, how much does the increase in

You will apply regression analysis, a popular statistical method, to study the potential relationship between three variables. For example, how much does the increase in major greenhouse gases such as carbon dioxide and methane in the atmosphere affect Earth's temperature? How important are the inflation and unemployment rates in driving interest rate changes? How significant are the gender and age factors in determining the ratings of a TV show? How much do the state of the economy and advertising expenses affect retail sales? In general, you should select a topic that is neither too technical nor too broad. It would be best to narrow your investigation to a specific (testable) relationship between a few variables. You will need to locate and document your data sources yourself. Data availability should be considered in selecting which research question to pursue. You can use any three data variables you want for your estimated relationship so long as you can justify their relevance for inclusion. There is no restriction on your choice of variables. After all, all you need is to identify three possibly related variables and gather their data for your project. You will have one dependent variable (Y) and two explanatory variables (X1 and X2) in your regression model: Y = 0 + 1X1 + 2X2 + . You will then estimate the model using Excel's regression tool and present the results in your paper.

total electricity consumption in residential Los Angles Area. how much does the total electricity consumption increase when population increases? What is another variable that I can add to my regression model and how can I format my data?

expressed in millions kWH
year electricity consumption
2020 22913.1
2019 20699.46
2018 20525.58
2017 20617.69
2016 20295.25
2015 20436.65
2014 20745.73
2013 20614.32
2012 21079.32
2011 20065.71
2010 19721.79
2009 20590.54
2008 21115.80
2007 20536.22
2006 20377.05
2005 19711.03
2004 19507.04
2003 19056.04
2002 17917.33
2001 18212.58
2000 18891.63
1999 17665.12
1998 17234.63
1997 17578.66
1996 16322.04

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