According to this regression model

Assignment Help Operation Management

Reference no: EM132087578

The South Florida Water Management District (SFWMD) must develop a linear regression model that can be used to estimate the fresh water needs of various com- munities. SFWMD has collected data on 50 communities, noting each community’s population and total annual fresh water consumption. Using this data, you have calculated the following regression equation:

Y = 200.12 + 24.9X

Where X is the population of the community and Y is the total annual fresh water consumption, in acre-feet. (An acre-foot is enough water to cover 1 acre, 1 foot deep.)

a. Using this regression model for estimation, how much fresh water would a community of 1,500 people consume each year? A community of 45,000?

b. According to this regression model, each new person who moves to a community increases its annual fresh water consumption by how much?

c. According to this regression model, if a town were abandoned, such that no one was living there for the entire year, what would the town’s fresh water consumption be? Is this possible.

Reference no: EM132087578

Questions Cloud

How about if you had been that individual boss : how might you have tried to mitigate those biases? How about if you had been that individual’s boss?

Appraisal process to be effective with the call center staff : Describe what conditions would need to be in place in order for a 360-degree appraisal process to be effective with the call center staff.

Does this constitute invasion of privacy : Bob's back is to the MLS employee the entire time. Does this constitute an invasion of privacy?

Individuals vs building well-structured organization : Do brands originate with building on the strength of individuals vs building a well-structured organization?

According to this regression model : According to this regression model, each new person who moves to a community increases its annual fresh water consumption by how much?

Task complementarity and expertise complementarity : Explain what you understand by task complementarity and expertise complementarity.

Seven rules to link planning and execution : Which of the following planning steps is not one of the 7 rules to link planning and execution?

Implications of thinking about recovery as process : What are the practical implications of thinking about recovery as a process?

Approval from headquarters for strategic decisions : Centralizing leadership requiring alignment of business unit strategies and approval from headquarters for strategic decisions

User Account

All Pages