The regression analysis below relates US annual energy consumption in trillions
ID: 3232339 • Letter: T
Question
The regression analysis below relates US annual energy consumption in trillions of BTUs to the independent variables 'US Gross Domestic Product (GDP) in trillions of dollars' and 'average gas mileage of all passenger cars in miles per gallon (mpg)." The coefficient for the independent variable "average car gas mileage (mpg).' -70.50. describes the relationship between energy consumption and average car gas mileage, controlling for GDP. the relationship between energy consumption and average car gas mileage. not controlling for GDP. the relationship between average car gas mileage and GDP controlling for energy consumption. the relationship between average car gas mileage and GDP not controlling for energy consumption.Explanation / Answer
in the given regression model
Dependent variable is US annual energy consumption ( in trillions )
Independent variables are
GDP of US in trillions and average gas mileage of all passengers of all cars in miles per gallon.
Given that the coefficient of average gas mileage in miles per gallon. = -70.50 describes
The relationship between average car gas milege and GDP controlling for energy consumption
Option 4 is correct