Cellulon, a manufacturer of home insulation, wants to develop guidelines for builders and consumers on how the thickness of the insulation in the attic of a home and the outdoor temperature affect natural gas consumption. In the laboratory, it varied the insulation thickness and temperature. A few of the findings are: Monthly Natural Gas Consumption (cubic feet), Thickness of Insulation Outdoor Rectangular Snip Temperature (F), (inches), x1 X2 y 30.3 6.0 40.0 26.9 12 40 22.1 8 49 On the basis of the sample results, the regression equation is: y = 62.65 1.86x1 - 0.52x2 a. How much natural gas can homeowners expect to use per month if they install 6 inches of insulation and the outdoor temperature is 40 degrees F? (Round your answer to 2 decimal places.) cubic Natural gas feet b. What effect would installing 7 inches of insulation instead of 6 have on the monthly natural gas consumption (assuming the outdoor temperature remains at 40 degrees F)? (Round your answers to 2 decimal places.) b. What effect would installing 7 inches of insulation instead of 6 have on the monthly natural gas consumption (assuming the outdoor temperature remains at 40 degrees F)? (Round your answers to 2 decimal places.) of cubic feet of monthly natural gas consumption, down to cubic feet. c. The regression coefficients b1 and b2 are negative? Is this logical? The negative signs of the regression coefficients b1 and b2 are

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
icon
Concept explainers
Topic Video
Question

Cellulon, a manufacturer of home insulation, wants to develop guidelines for builders and consumers on how the thickness of the insulation in the attic of a home and the outdoor temperature affect natural gas consumption. In the laboratory, it varied the insulation thickness and temperature. A few of the findings are:

 

Monthly Natural Gas Consumption (cubic feet), Thickness of Insulation (inches), Outdoor Temperature (ºF),
y x1 x2
30.3   6.0   32.0  
25.2   12   40  
30.5   8   49  
 

 

On the basis of the sample results, the regression equation is:

 

yˆ y⁢^⁢  = 57.25 − 1.07x1 − 0.64x2

 

Cellulon, a manufacturer of home insulation, wants to develop guidelines for builders and consumers on how the thickness of the
insulation in the attic of a home and the outdoor temperature affect natural gas consumption. In the laboratory, it varied the insulation
thickness and temperature. A few of the findings are:
Monthly Natural Gas
Consumption (cubic
feet),
Thickness of
Insulation
Outdoor
Rectangular Snip
Temperature
(F),
(inches),
x1
X2
y
30.3
6.0
40.0
26.9
12
40
22.1
8
49
On the basis of the sample results, the regression equation is:
y = 62.65 1.86x1 - 0.52x2
a. How much natural gas can homeowners expect to use per month if they install 6 inches of insulation and the outdoor temperature is
40 degrees F? (Round your answer to 2 decimal places.)
cubic
Natural gas
feet
b. What effect would installing 7 inches of insulation instead of 6 have on the monthly natural gas consumption (assuming the outdoor
temperature remains at 40 degrees F)? (Round your answers to 2 decimal places.)
Transcribed Image Text:Cellulon, a manufacturer of home insulation, wants to develop guidelines for builders and consumers on how the thickness of the insulation in the attic of a home and the outdoor temperature affect natural gas consumption. In the laboratory, it varied the insulation thickness and temperature. A few of the findings are: Monthly Natural Gas Consumption (cubic feet), Thickness of Insulation Outdoor Rectangular Snip Temperature (F), (inches), x1 X2 y 30.3 6.0 40.0 26.9 12 40 22.1 8 49 On the basis of the sample results, the regression equation is: y = 62.65 1.86x1 - 0.52x2 a. How much natural gas can homeowners expect to use per month if they install 6 inches of insulation and the outdoor temperature is 40 degrees F? (Round your answer to 2 decimal places.) cubic Natural gas feet b. What effect would installing 7 inches of insulation instead of 6 have on the monthly natural gas consumption (assuming the outdoor temperature remains at 40 degrees F)? (Round your answers to 2 decimal places.)
b. What effect would installing 7 inches of insulation instead of 6 have on the monthly natural gas consumption (assuming the outdoor
temperature remains at 40 degrees F)? (Round your answers to 2 decimal places.)
of
cubic feet of monthly natural gas consumption, down to
cubic feet.
c. The regression coefficients b1 and b2 are negative? Is this logical?
The negative signs of the regression coefficients b1 and b2 are
Transcribed Image Text:b. What effect would installing 7 inches of insulation instead of 6 have on the monthly natural gas consumption (assuming the outdoor temperature remains at 40 degrees F)? (Round your answers to 2 decimal places.) of cubic feet of monthly natural gas consumption, down to cubic feet. c. The regression coefficients b1 and b2 are negative? Is this logical? The negative signs of the regression coefficients b1 and b2 are
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
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