Question

In: Math

The data below are the average monthly temperatures, in °F, and the monthly natural gas consumption,...

The data below are the average monthly temperatures, in °F, and the monthly natural gas consumption, in ccf, for a household in northwestern Pennsylvania.

a.)Test the significance of the correlation coefficient using α = 0.05 and the claim ρ < 0. Identify the claim, state the null and alternative hypotheses, find the critical value, find the standardized test statistic, make a decision on the null hypothesis (you may use a P-Value instead of the standardized test statistic), write an interpretation statement on the decision

b.) Find the equation of the regression line for the given data

Temperature

47

35

21

27

39

48

61

65

70

Consumption

34

169

248

134

137

100

19

34

12

Solutions

Expert Solution

( X) ( Y) X^2 Y^2 X*Y
47 34 2209 1156 1598
35 169 1225 28561 5915
21 248 441 61504 5208
27 134 729 17956 3618
39 137 1521 18769 5343
48 100 2304 10000 4800
61 19 3721 361 1159
65 34 4225 1156 2210
70 12 4900 144 840

Line of Regression Y on X i.e Y = bo + b1 X
X Y (Xi - Mean)^2 (Yi - Mean)^2 (Xi-Mean)*(Yi-Mean)
47 34 1.235 4167.425 -71.728
35 169 118.568 4962.413 -767.062
21 248 619.457 22333.629 -3719.507
27 134 356.791 1256.305 -669.506
39 137 47.457 1477.972 -264.84
48 100 4.457 2.086 3.049
61 19 228.345 6329.093 -1202.173
65 34 365.234 4167.425 -1233.729
70 12 581.345 7491.872 -2086.951


Related Solutions

The average monthly temperatures (in Celsius) for Winnipeg between April and October are shown below:             April    May     June  &n
The average monthly temperatures (in Celsius) for Winnipeg between April and October are shown below:             April    May     June     July     August     September   October             10        18        ???       25         26               20              11 If the median average monthly temperature for this period is 20 degree Celsius then the average temperature for June: Select one: a. must be 20. b. can be any value. c. must be less than 11 or greater than 26. d. must be between 10 and 20. e. must be 20 or more
Download the Gas Consumption Data into Excel: Gas tax (cents per gallon),Average income (dollars),Paved Highways (miles),Proportion...
Download the Gas Consumption Data into Excel: Gas tax (cents per gallon),Average income (dollars),Paved Highways (miles),Proportion of population with driver's licenses,Consumption of gas (millions of gallons) 9,3571,1976,0.525,541 9,4092,1250,0.572,524 9,3865,1586,0.58,561 7.5,4870,2351,0.529,414 8,4399,431,0.544,410 10,5342,1333,0.571,457 8,5319,11868,0.451,344 8,5126,2138,0.553,467 8,4447,8577,0.529,464 7,4512,8507,0.552,498 8,4391,5939,0.53,580 7.5,5126,14186,0.525,471 7,4817,6930,0.574,525 7,4207,6580,0.545,508 7,4332,8159,0.608,566 7,4318,10340,0.586,635 7,4206,8508,0.572,603 7,3718,4725,0.54,714 7,4716,5915,0.724,865 8.5,4341,6010,0.677,640 7,4593,7834,0.663,649 8,4983,602,0.602,540 9,4897,2449,0.511,464 9,4258,4686,0.517,547 8.5,4574,2619,0.551,460 9,3721,4746,0.544,566 8,3448,5399,0.548,577 7.5,3846,9061,0.579,631 8,4188,5975,0.563,574 9,3601,4650,0.493,534 7,3640,6905,0.518,571 7,3333,6594,0.513,554 8,3063,6524,0.578,577 7.5,3357,4121,0.547,628 8,3528,3495,0.487,487 6.58,3802,7834,0.629,644 5,4045,17782,0.566,640 7,3897,6385,0.586,704 8.5,3635,3274,0.663,648 7,4345,3905,0.672,968 7,4449,4639,0.626,587 7,3656,3985,0.563,699 7,4300,3635,0.603,632 7,3745,2611,0.508,591 6,5215,2302,0.672,782 9,4476,3942,0.571,510 7,4296,4083,0.623,610 7,5002,9794,0.593,524 1) Looking at the variables, which...
The average temperatures (°F) for an 8-day period are: 32,35,34,36,48,43,42, and 40. If the area has...
The average temperatures (°F) for an 8-day period are: 32,35,34,36,48,43,42, and 40. If the area has an initial SWE of 2.46 in, K=0.06in/deg-day, and a runoff coefficient of CR = 0.5, plot the estimated daily runoff (in) from the watershed and determine the total melt and runoff for the 8-day period.
The average temperatures (°F) for an 8-day period are: 32,35,34,36,48,43,42, and 40. If the area has...
The average temperatures (°F) for an 8-day period are: 32,35,34,36,48,43,42, and 40. If the area has an initial SWE of 2.46 in, K=0.06in/deg-day, and a runoff coefficient of CR = 0.5, plot the estimated daily runoff (in) from the watershed and determine the total melt and runoff for the 8-day period.
Data sets for daily high temperatures (in °F) in the months of August and February of...
Data sets for daily high temperatures (in °F) in the months of August and February of 2015, 2017, and 2019: August 2015: 80; 81; 85; 87; 84; 80; 75; 82; 83; 85; 72; 78; 79; 85; 88; 89; 90; 90; 86; 84; 80; 79; 80; 85; 79; 74; 71; 77; 83; 88; 85 February 2015: 31; 33; 23; 37; 33; 22; 37; 42; 36; 29; 32; 32; 15; 24; 12; 12; 23; 28; 15; 13; 24; 37; 30; 23; 33;...
Listed below are altitudes (in thousands of feet) and outside air temperatures (in °F) recorded by...
Listed below are altitudes (in thousands of feet) and outside air temperatures (in °F) recorded by a curious passenger during Delta Flight 1053 from New Orleans to Atlanta. Altitude 3 10 14 22 28 31 33 Temperature 57 37 24 -5 -30 -41 -54 Below is the scatterplot of this data with the best-fit line. Correlation coefficient (r) = -0.997 Meanaltitude = 20.14 Meantemperature = -1.71 Standard deviationaltitude (sx) = 11.423 Standard deviationtemperature (sy) = 42.221 Write down the equation...
The sample data below shows the average temperature (x, in degrees Fahrenheit) and monthly heating bill...
The sample data below shows the average temperature (x, in degrees Fahrenheit) and monthly heating bill (y, in dollars) for 12 recent months. Use Excel to compute the correlation coefficient. Enter your answer as a decimal rounded to three places. Correlation coefficient = Average temperature Monthly heating bill 29 326 36 295 42 241 58 196 62 154 70 93 74 33 77 0 68 62 57 184 45 263 33 302
A monopolist in the natural gas ma rket can produce at a constan t average (and...
A monopolist in the natural gas ma rket can produce at a constan t average (and marginal) cost of AC = MC = $5 . It faces a market demand curve given by Q = 53 ? P . a. Find the profit-maximizing price and quantity for this monopolist. What are its profits? b. Suppose a second firm enters the market. Let Q 1 be the output of the first firm and Q 2 be the output of the second....
the department of energy website contains information about monthly wholesale and retail prices for natural gas...
the department of energy website contains information about monthly wholesale and retail prices for natural gas in each state. go to www.eia.doe.gov/naturalgas/data.cfm and then click on the link monthly wholesale and retail prices. Under area, choose a state of interest to you, make sure the period Is monthly, and then under residential price click on view history. A window will open with a time plot covering approximately a 25-year period, along with a table of the monthly residential prices for...
1. According to the U.S. Energy Information Administration, the average household expenditure for natural gas was...
1. According to the U.S. Energy Information Administration, the average household expenditure for natural gas was $679 in the winter of 2013. Suppose that a random sample of 50 customers shows a mean expenditure of $712 and assume that the population standard deviation is $80. Test whether the population mean expenditure is greater than $679 using level of significance α = 0.05. State the p-value and conclusion. a) p-value = 0.0035; reject H0: there is evidence at level of significance...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT