Price Elasticity of Electricity Demand - Department for Energy ...
Price Elasticity of Electricity Demand - Department for Energy ...
Price Elasticity of Electricity Demand - Department for Energy ...
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Model Selection<br />
Kentucky<br />
<strong>Energy</strong> and<br />
Environment<br />
Cabinet<br />
Executive<br />
Summary<br />
Variables<br />
Assumptions<br />
Conclusion<br />
Appendix<br />
Diagnostic Plots<br />
Models<br />
References<br />
Best subset procedure, with BIC metric, was used to<br />
select final models.<br />
All possible combinations <strong>of</strong> the predictor variables were<br />
evaluated. A mix <strong>of</strong> low BIC, economic theory, and<br />
diagnostic plots were used in picking the models.<br />
Kentucky <strong>Energy</strong> and Environment Cabinet
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