AccountingQueen

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  • MBA.Graduate Psychology,PHD in HRM
    Strayer,Phoniex,
    Feb-1999 - Mar-2006

  • MBA.Graduate Psychology,PHD in HRM
    Strayer,Phoniex,University of California
    Feb-1999 - Mar-2006

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Category > Math Posted 19 Aug 2017 My Price 10.00

estimate natural gas prices

Could someone please help me answer the following question using the attached data. Thanks

 

An analytics department colleague suggests that a regression model be considered to estimate natural gas prices, employing the wellhead price as an explanatory variable. In the past, the Administration has estimated average residential prices as 10 + 75% of the wellhead price (in dollars per thousand cubic feet). Using a regression analysis, fully examine the relationship between the wellhead prices and the residential prices; then properly assess whether the Administration’s adhoc estimation method is accurate, or not. 

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Status NEW Posted 19 Aug 2017 05:08 AM My Price 10.00

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