[Steps Shown] You own a restaurant and have collected the Kilowatt hours consumed and the corresponding average outside temperature by month. The results are
Question: You own a restaurant and have collected the Kilowatt hours consumed and the corresponding average outside temperature by month. The results are as follows:
| Month | Kilowatt Usage | Average Temp |
| 1 | 126 | 30 |
| 2 | 132 | 25 |
| 3 | 114 | 29 |
| 4 | 87 | 42 |
| 5 | 67 | 48 |
| 6 | 50 | 61 |
| 7 | 39 | 69 |
| 8 | 45 | 78 |
| 9 | 39 | 72 |
| 10 | 43 | 62 |
| 11 | 61 | 45 |
| 12 | 92 | 36 |
| 13 | 123 | 27 |
| 14 | 121 | 33 |
| 15 | 138 | 28 |
| 16 | 99 | 39 |
| 17 | 64 | 47 |
| 18 | 52 | 63 |
| 19 | 49 | 69 |
| 20 | 41 | 73 |
| 21 | 44 | 70 |
| 22 | 53 | 64 |
| 23 | 59 | 53 |
| 24 | 118 | 27 |
- Set up a scatter diagram.
-
Assuming a linear relationship, use the least-squares method to find the regression coefficients
a
and
b
.
c. Predict the average kilowatt usage when the average atmospheric temperature is 50 degrees Fahrenheit.
d. Is there a correlation between temperature and kilowatt usage?
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Solution: The downloadable solution consists of 3 pages
Deliverable: Word Document