Data for analysis Notes

  • Data for analysis: Suppose that you are working for an environmental group on household electricity consumption.

    Suppose that you are working for an environmental group on household electricity consumption.\n\n ","right":"http://assignment.store/data-for-analysis-suppose-that-you-are-working-for-an-environmental-group-on-household-electricity-consumption/\n\nData for analysis:\n\nSuppose that you are working for an environmental group on household electricity\n\nconsumption. You are primarily interested in quantifying what factors could affect the\n\nhousehold electricity consumption. The environmental group provided a data set that\n\ncontained the information of 50 randomly selected households in Western Sydney. The\n\ndata are recorded in an EXCEL file that you can download from the course web site.\n\nQ2 (25 marks)\n\nYou decide to run a simple linear regression using the electricity consumption as the\n\ndependent variable and the size of the building as the independent variable (use all 50\n\nobservations).\n\n(c) Examine the residuals from your regression. Are the assumptions of a simple\n\nlinear regression model satisfied? (Hint: you might enlist all the related\n\nassumptions and perform related tests one by one.)"},{"left":"","rig


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