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# Use the following to answer the questions below:A small university is concerned with monitoring the ...

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Use the following to answer the questions below:

A small university is concerned with monitoring the electricity usage in its Student Center, and its officials want to better understand what influences the amount of electricity used on a given day. They collected data on the amount of electricity used in the Student Center each day and the daily high temperature for nearly a year. They also made note of whether each day was a weekend or not (1 = Saturday/Sunday and 0 = Monday - Friday). Regression output is provided.

Helpful notes: 1) Electricity usage is measured in kilowatt hours, 2) During the cold months, the Student Center is heated by gas, not electricity, and 3) Air conditioning the building during the warm months does use electricity.

The regression equation is Electricity = 83.6 + 0.529 High Temp - 25.2 Weekend

 Predictor Coef SE Coef T P Constant 83.560 4.238 19.72 0.000 High Temp 0.52918 0.07020 7.54 0.000 Weekend -25.168 3.724 -6.76 0.000
S = 29.8162   R-Sq = 24.7%   R-Sq(adj) = 24.2%

Analysis of Variance

 Source DF SS MS F P Regression 2 90481 45241 50.89 0.000 Residual Error 310 275592 889 ​ ​ Total 312 366073 ​ ​ ​

Interpret R2 for this model.
Textbook

## Statistics: Unlocking the Power of Data

Edition: 3rd
Authors:
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chemcalchemcal
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