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The St. Lucian Government is interested in predicting the number of weekly riders on the public buses using the following variables: Price of bus trips er week • The population in the city • The monthly income of riders • Average rate to park your personal vehicle Number of weekly riders 192,000 190,400 191,200 Population of city 1,800,000 1,790,000 1,780,000 Price per week Monthly income of Average parking rates per month $50 City $15 S15 $15 riders $5,800 $6,200 $50 3. $6,400 $60 $6,500 $6,550 $6,580 4. 177.600 176,800 178,400 180,800 175,200 174,400 $25 $25 $25 1,778,000 1,750,000 1.740,000 1,725,000 $60 5 $60 6. S70 7. $25 $8,200 $75 8 $30 1,725,000 1,720,000 $8,600 $75 9. S30 $8,800 $75

The St. Lucian Government is interested in predicting the number of weekly riders on the public buses using the following variables: Price of bus trips er week • The population in the city • The monthly income of riders • Average rate to park your personal vehicle Number of weekly riders 192,000 190,400 191,200 Population of city 1,800,000 1,790,000 1,780,000 Price per week Monthly income of Average parking rates per month $50 City $15 S15 $15 riders $5,800 $6,200 $50 3. $6,400 $60 $6,500 $6,550 $6,580 4. 177.600 176,800 178,400 180,800 175,200 174,400 $25 $25 $25 1,778,000 1,750,000 1.740,000 1,725,000 $60 5 $60 6. S70 7. $25 $8,200 $75 8 $30 1,725,000 1,720,000 $8,600 $75 9. S30 $8,800 $75

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 22PFA
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The St. Lucian Government is interested in predicting the number of weekly riders on the public buses using the following variables: • Price of bus trips rer week • The population in the city • The monthly income of riders • Average rate to park your personal vehicle Number of weekly riders 192,000 Price per week Population of city 1,800,000 Monthly income of riders Average parking rates per month City $15 $5,800 $50 $6,200 $6,400 $6,500 $50 $60 190,400 $15 1,790,000 191,200 $15 1,780,000 4 $25 $60 177,600 176,800 1,778,000 $25 $6,550 $60 $70 5 1,750,000 1,740,000 6. 178,400 $25 $6,580 180,800 $25 1,725,000 $8,200 $75 175,200 174,400 $30 $30 1,725,000 $8,600 $8,800 8 $75 9. 1,720,000 $75 173,920 172,800 163,200 10 $30 $80 1,705,000 1,710,000 1,700,000 $9,200 $9,630 $10,570 11 $30 $80 12 $40 $80 $11,330 $11,600 S11,800 13 161,600 $40 1,695,000 1,695,000 $85 14 161,600 160,800 $40 $100 15 $40 1,690,000 $105 $40 1,630,000 1,640,000 1,635,000 S11,830 $12.650 S13.000 16 159,200 $105 17 148,800 $65 $105 18 115,696 $102 $110 147,200 150,400 152,000 19 $75 $13,224 $125 1,630.000 1,620.000 1,615,000 1,605,000 1,590,000 1,595,000 1,590,000 1,600,000 20 21 $130 S150 $75 $13,766 $14,010 S75 22 136,000 $80 $14,468 $155 23 126,240 123,888 126,080 $86 $15,000 $15,200 S15,600 $16,000 $165 24 $98 $175 25 $87 $175 26 151,680 $7 S190 d. At the 5% significance level, determine if the model is useful for predicting the number of weekly riders on public buses. In responding, construct and test any appropriate hypothesis. e. At the 5% significance level, does it appear that price of bus trips per week, population or average rate to park your personal vehicle can be removed from the model as unnecessary? In responding, construct and test any appropriate hypothesis.
Transcribed Image Text:The St. Lucian Government is interested in predicting the number of weekly riders on the public buses using the following variables: • Price of bus trips rer week • The population in the city • The monthly income of riders • Average rate to park your personal vehicle Number of weekly riders 192,000 Price per week Population of city 1,800,000 Monthly income of riders Average parking rates per month City $15 $5,800 $50 $6,200 $6,400 $6,500 $50 $60 190,400 $15 1,790,000 191,200 $15 1,780,000 4 $25 $60 177,600 176,800 1,778,000 $25 $6,550 $60 $70 5 1,750,000 1,740,000 6. 178,400 $25 $6,580 180,800 $25 1,725,000 $8,200 $75 175,200 174,400 $30 $30 1,725,000 $8,600 $8,800 8 $75 9. 1,720,000 $75 173,920 172,800 163,200 10 $30 $80 1,705,000 1,710,000 1,700,000 $9,200 $9,630 $10,570 11 $30 $80 12 $40 $80 $11,330 $11,600 S11,800 13 161,600 $40 1,695,000 1,695,000 $85 14 161,600 160,800 $40 $100 15 $40 1,690,000 $105 $40 1,630,000 1,640,000 1,635,000 S11,830 $12.650 S13.000 16 159,200 $105 17 148,800 $65 $105 18 115,696 $102 $110 147,200 150,400 152,000 19 $75 $13,224 $125 1,630.000 1,620.000 1,615,000 1,605,000 1,590,000 1,595,000 1,590,000 1,600,000 20 21 $130 S150 $75 $13,766 $14,010 S75 22 136,000 $80 $14,468 $155 23 126,240 123,888 126,080 $86 $15,000 $15,200 S15,600 $16,000 $165 24 $98 $175 25 $87 $175 26 151,680 $7 S190 d. At the 5% significance level, determine if the model is useful for predicting the number of weekly riders on public buses. In responding, construct and test any appropriate hypothesis. e. At the 5% significance level, does it appear that price of bus trips per week, population or average rate to park your personal vehicle can be removed from the model as unnecessary? In responding, construct and test any appropriate hypothesis.
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