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    Home Insulation Manufaturer: Regression Coefficients

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    Cellulon, a manufacturer of a home insulation, wants to develop guidelines for builders and consumers regarding the effects (1) of the thickness of the insulation in the attic of a home and (2) of the outdoor temperature on natural gas consumption. In the laboratory they varied the insulation thickness and temperature. A few of the findings are:

    Monthly Natural Thickness of Outdoor
    Gas Consumption Insulation Temperature
    (cubic feet), (inches), (degrees F),
    Y X1 X2
    30.3 6 40
    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

    Questions:
    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?

    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)?

    c. Why are the regression coefficients b1 and b2 negative? Is this logical?

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    https://brainmass.com/statistics/regression-analysis/home-insulation-manufaturer-regression-coefficients-202713

    Solution Preview

    a. Y' = 62.65 – 1.86(6) – 0.52(40) = 30.69 cubic feet

    b. Installing 7 inches of insulation instead of 6 inches will bring down the monthly ...

    Solution Summary

    In about 80 words, this solution provides a complete, neat and step-by-step response which determines how natural gas consumption and insulation inquiries can be solved using the given regression equation.

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