An electric utility company tries to estimate the relation
Chapter , Problem 16(choose chapter or problem)
An electric utility company tries to estimate the relation between the daily amount of electricity used by customers and the daily summer temperature. It has collected the data shown on the table below. Temperature 96 89 81 86 83 Electricity 23.67 20.45 2 1.86 23.28 20.71 Temperature 73 78 74 76 78 Electrici ty 18.21 18.85 20.10 18.48 17.94 (a) Set up and estimate the parameters of a linear model that can be used to predict electricity consumption as a function of temperature. (b) If the temperature on a given day is 90 degrees, predict the amount of electricity consumed on that day.
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