Material Detail

Electric Bill Data

Electric Bill Data

This article, created by Bruce J. McLaren and Constance H. McLaren from Indiana State University, describes a dataset containing monthly household electric billing charges for ten years. The data can be used to illustrate graphing, descriptive statistics, correlation, seasonal decomposition, a variety of smoothing methods, ARIMA models, forecasting, and multiple regression. Additionally, the authors have created seven different assignments testing students knowledge of these subjects. This is a great lesson in applied statistics.

Quality

  • User Rating
  • Comments
  • Learning Exercises
  • Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material

Comments

Log in to participate in the discussions or sign up if you are not already a MERLOT member.