A study was done to study the effect of ambient temperature on the electric power consumed by a chemical plant. Following table gives the data which are collected from an experimental pilot plant.
|Electric Power (BTU)
- Identify which one is response variable, and fit a simple regression line, assuming that the relationship between them is linear.
- Interpret the regression coefficient with reference to your problem.
- Obtain coefficient of determination, and interpret this.
- Based on the fitted model in (a), predict the power consumption for an ambient temperature of 650F.
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