Question: A highway department is studying the relationship between traffic flow

A highway department is studying the relationship between traffic flow and speed. The following model has been hypothesized.
y = β0 + β1x + ε
Where
y = traffic flow in vehicles per hour
x = vehicle speed in miles per hour
The following data were collected during rush hour for six highways leading out of the city.
Traffic Flow (y) Vehicle Speed (x)
1256 ............ 35
1329 ............ 40
1226 ............ 30
1335 ............ 45
1349 ............ 50
1124 ............ 25
a. Develop an estimated regression equation for the data.
b. Use α = .01 to test for a significant relationship.

View Solution:


Sale on SolutionInn
Sales4
Views227
Comments
  • CreatedSeptember 20, 2015
  • Files Included
Post your question
5000