A multiple linear regression model is estimated for shopping-trip generation during a peak hour. The model is
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A multiple linear regression model is estimated for shopping-trip generation during a peak hour. The model is No. of. Peak-hr vehicle based shopping trips/household = 0.12 +0.09 (household size) +0.11 (annual household income in lakhs of rupees) 0.15 (employment in household neighbourhood in thousands) A particular household has six members and has an annual income of Rs. 5 lakhs. They currently live in a neighbourhood with 4,500 retail employees, but are moving to a new home in a neighbourhood of 1,500 retail employees. Calculate the predicted number of vehicle-based peak-hour shopping trips the household makes before and after the move.
Related Book For
Introduction to Probability and Statistics
ISBN: 978-1133103752
14th edition
Authors: William Mendenhall, Robert Beaver, Barbara Beaver
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