POPULATION: number of people in the city FATALITY: number of accidental deaths relating to the Dubai...
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POPULATION: number of people in the city FATALITY: number of accidental deaths relating to the Dubai rail sector. VEHICLE: general price index for passenger cars Using 30 observations, the researcher has estimated the model and the results are shown in Table 1 below. Note that the researcher has transformed both the dependent variable and independent vairables into natural logs before estimating the model. Table 1: Dubai Rail Demand Variable C Log FARE Log PCI Log FUEL Log POPULATION Log FATALITY Log VEHICLE Coefficient -7.051 -0.066 0.018 0.062 0.560 0.012 -0.064 Std. Error 1.441 0.023 0.011 0.020 0.098 0.008 0.009 R² 0.95 Durbin-Watson Statistic 0,03 Conduct an F-test to determine the overall significance of the model. Use the 5-percent level of significance. POPULATION: number of people in the city FATALITY: number of accidental deaths relating to the Dubai rail sector. VEHICLE: general price index for passenger cars Using 30 observations, the researcher has estimated the model and the results are shown in Table 1 below. Note that the researcher has transformed both the dependent variable and independent vairables into natural logs before estimating the model. Table 1: Dubai Rail Demand Variable C Log FARE Log PCI Log FUEL Log POPULATION Log FATALITY Log VEHICLE Coefficient -7.051 -0.066 0.018 0.062 0.560 0.012 -0.064 Std. Error 1.441 0.023 0.011 0.020 0.098 0.008 0.009 R² 0.95 Durbin-Watson Statistic 0,03 Conduct an F-test to determine the overall significance of the model. Use the 5-percent level of significance.
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Related Book For
An Introduction to Management Science Quantitative Approach to Decision Making
ISBN: 978-1337406529
15th edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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