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Forecasted the demand for gas

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Reference no: EM131416017

In the Columbia Gas of Ohio study that forecasted the demand for gas, the compnay developed the following coefficients for their equaion:

  • Growth rate .015
  • Intercept 1376.0
  • Forecasted temperature -17.1
  • Prior day temperature -3.7
  • Forecasted wind speed 4.2

Forecast the demand for gas for a day, when the expected average temperature will be 40 degrees, the prior day's average temperature was 37, and the average wind speed is predicted to be 8 miles per hour.

Reference no: EM131416017

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