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The owner of a single-family home would like to develop a model to predict electricity consumption in his house, based on average atmospheric temperature in degrees Fahrenheit.
Monthly kilowatt usage and temperature data are available for a period of 24 months
1.) Assume a linear relationship, use the least square method to find the regression coefficients bo and b1
2.) Predict the mean kilowatt usage when the average temperature is 50 degrees Fahrenheit.
3.) Compute the Durbin-Watson statistic. At the 0.05significance level, is there evidence of autocorrelation among the residuals?
According to a survey by Accountemps, 48% of Canadian executives within medium sized companies believe that employees are most productive on Tuesdays. Suppose 200 executives are randomly surveyed.
jane wants to setup a photo shop. the cost to rent an office is 150 per week. the variable cost of making one photo is
Write a brief note stating the circumstances under which cusum charting may be preferable to normal Shewart charting methods and calculate the mean of the sample values below, and suggest a suitable value for k, the cusum reference value.
essay questionsquestion 1 you are designing a grocery delivery business. via the internet your company will offer
The manger of a restaurant that delivers pizza to college dormitory rooms
What was the total number of participants surveyed for the study and what was the total number of participants who completed the entire survey?
Compute the mean and SD of the probability of the mean and determine the test statistic
Does the coin flipping process you just completed illustrate the Law of Large Numbers? Why or why not?
Describe the population of interest for the survey
Frequency distribution from part a: Find the mean, variance and stand excldeviation and using the frequency distribution from parta: What is the probability of a randomly selected herb to have a height of at least 17 inches?
Build a regression model
What is the conclusion you can draw regarding research question that was posed in this research - would you now move on to interpret the results of the Tests of Between-Subjects Tests?
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