What techniques can be used to analyse energy data? Examine the following table and determine the relationship between production and energy.
What techniques can be used to analyse energy data? Examine the following table and determine the relationship between production and energy.
|
Weeks | Tonnes | kWh | |||||||
1 | 150 | 140726 | |||||||
2 | 80 | 103223 | |||||||
3 | 60 | 90764 | |||||||
4 | 50 | 87567 | |||||||
5 | 170 | 146600 | |||||||
6 | 180 | 154773 | |||||||
7 | 120 | 121575 | |||||||
8 | 40 | 81436 | |||||||
9 | 110 | 115586 | |||||||
10 | 90 | 105909 | |||||||
We can analyse the energy data using regression techniques . Please follow the following steps under STATA | |||||||||
STEP 1: Copy the data into STATA uslng copy paste. First write command ed | |||||||||
Now write the following commands | |||||||||
tsset week | |||||||||
reg Tonnes Energy | |||||||||
This will give you how the two are related . | |||||||||
Another thing that you can do is draw the scatter diagram using commang | |||||||||
scatter Tonnes Energy | |||||||||
From the regression the results are | |||||||||
Tonnes = -116.201+0.00192Energy | |||||||||
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