The average monthly residential gas bill for Blck Hills Energy ccustomers in Cheyene, Wyoming is $67.95. How is the average monthly gas bill for a Cheyene residence related to the square footage, number of rooms, and age of the residence? The following data show the average monthly gas bill for last year, square footage, number of rooms, and age for 20 typical Cheyenne residences: Average Monthly GasBill Age Sq Feet Rooms
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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The average monthly residential gas bill for Blck Hills Energy ccustomers in Cheyene, Wyoming is $67.95. How is the average monthly gas billI for a
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Cheyene residence related to the square footage, number of rooms, and age of the residence? The following data show the average monthly gas bill for
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last year, square footage, number of rooms, and age for 20 typical Cheyenne residences:
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Average Monthly
GasBill
Age
Sg Feet Rooms
9
$70.20
16
2537
6
10
$81.33
2
3437
8
11
$45.86
27
976
6
12
$59.21
11
1713
7
$117.88
16
3979
11
13
14
$57.78
2
1328
7
15
$47.01
27
1251
6
$52.89
$32.90
16
4
827
5
17
12
645
4
18
$67.04
29
2849
19
$76.76
1
2392
7
20
$60.40
26
900
5
21
$44.07
14
1386
5
22
$26.68
20
1299
4
23
$62.70
17
1441
24
$45.37
13
562
4
25
$38.09
10
2140
4
26
$45.31
22
908
6
27
$52.45
24
1568
5
$96.11
27
1140
10
28
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A. Develop an estimated regression equation that can be used to predict a residence's monthly average gas bill given it's age.
B. Develop an estimated regression equation that can be used to predict a residence's monthly average gas bill given its' age,
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square footage, and number of rooms.
C. At the .05 level of significance, test whether the two independent variables added in part (b), the square footage and the number
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of rooms, contribute significantly to the estimated regression equation developed in part (a) ?
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