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West Virginia legislators appear ready to give Appalachian Power, whose service area includes Ohio and Marshall counties, authority to sell bonds the company wants to use to hold electric rates down now - probably at the cost of higher ones in the future.
From the company's standpoint, the idea makes sense. It would allow Appalachian to avoid a sudden price jump of 30-40 percent, instead spreading the burden out over several years to come.
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WASHINGTON, D.C. — U.S. Rep. Nick Rahall says he hopes the demand for coal will increase soon so out of work miners can start work again.
Several southern West Virginia mines have shut down recently due to a decrease in demand for coal. Hundreds of miners across the coalfields are without jobs and Rahall said last week in an exclusive interview with The Logan Banner that he believes the coal mines will see an increase in need for coal.
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"Correlation is not causation" is a statistics mantra. It is drilled, military school-style, into every budding statistician. But what does it actually mean? Well, correlation is a measure of how closely related two things are. Think of it as a number describing the relative change in one thing when there is a change in the other, with 1 being a strong positive relationship between two sets of numbers, –1 being a strong negative relationship and 0 being no relationship whatsoever.
"Correlation is not causation" means that just because two things correlate does not necessarily mean that one causes the other. As a seasonal example, just because people in the UK tend to spend more in the shops when it's cold and less when it's hot doesn't mean cold weather causes frenzied high-street spending. A more plausible explanation would be that cold weather tends to coincide with Christmas and the new year sales.
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The WV Coal Mining Institute, the WVCA and the Central Appalachian Section of SME will be held at the Stonewall Jackson Resort May 3-5, 2012.
Registration information was sent out previously via e-mail with detailed information. If you did not receive please let us know and it will be resent.
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