The amount of electricity supplied by a utility to residences in a community during the summer depends
Question:
(a) Would a normal model be reasonable to describe the amount of electricity used from one day to the next? Explain your answer briefly.
(b) Would it be reasonable to treat a sequence of daily electricity consumption values as iid normal random variables? Again, explain your answer briefly
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a Yes so long as the weather was fairly consistent during the time period If on the other hand ...View the full answer
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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
Question Posted:
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