The coefficient of determination for the average low temperature (x) and the average monthly electric bill for Richmond is 0.92. Based on this, which would you say is a better variable to use to estimate the monthly electric bill in Richmond, the average high temperature or the average low temperature? Explain your answer.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
The coefficient of determination for the
average low temperature (x) and the average
monthly electric bill for Richmond is 0.92.
Based on this, which would you say is a better
variable to use to estimate the monthly electric
bill in Richmond, the average high temperature
or the average low temperature? Explain your
answer.
Transcribed Image Text:The coefficient of determination for the average low temperature (x) and the average monthly electric bill for Richmond is 0.92. Based on this, which would you say is a better variable to use to estimate the monthly electric bill in Richmond, the average high temperature or the average low temperature? Explain your answer.
Expert Solution
Step 1

Given:

Coefficient of determination

r2=0.92

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman