The following is the number of trips and the number of households by the number of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The following is the number of trips and the number of households by the number of persons per household and the level of household income in a given traffic zone. Persons/household. 1 2 3 5 or more Low No. of households 93 72 59 120 13 No. of trips 222 341 417 1010 107 Income Medium No. of households 149 138 125 109 37 No. of trips 616 853 1025 1186 457 High No. of households 96 27 33 40 33 The forecasted number of households in the study area for a target year is shown below. No. of trips 360 205 381 471 423 The forecasted number of households in the study area for a target year is shown below. Persons/household 1 2 3 5 or more Low 120 100 90 150 30 Income Medium 280 220 190 180 60 High 130 40 50 70 60 (a) Calculate the forecasted number of trips for each combination of the number of persons per household and the level of household income. (b) Alternatively, trip rate can be estimated using the following linear regression equation: Trip rate=0.46 + 1.96 NPERSON + 1.66 * HINCOME where NPERSON no. of persons per household (- 5 for 5 or more persons in household); HINCOME level of household income (-0 for low income. - 1 for medium income, -2 for high income) (a) Calculate the forecasted number of trips for each combination of the number of persons per household and the level of household income. (b) Alternatively, trip rate can be estimated using the following linear regression equation: Trip rate=0.46 + 1.96 NPERSON + 1.66* HINCOME where NPERSON = no. of persons per household (-5 for 5 or more persons in household); HINCOME level of household income (=0 for low income, 1 for medium income, = 2 for high income) Calculate the forecasted number of trips for each household type using this estimated trip rate. (e) Compare underlying assumptions and limitations of the methods used in (a) and (b). The following is the number of trips and the number of households by the number of persons per household and the level of household income in a given traffic zone. Persons/household. 1 2 3 5 or more Low No. of households 93 72 59 120 13 No. of trips 222 341 417 1010 107 Income Medium No. of households 149 138 125 109 37 No. of trips 616 853 1025 1186 457 High No. of households 96 27 33 40 33 The forecasted number of households in the study area for a target year is shown below. No. of trips 360 205 381 471 423 The forecasted number of households in the study area for a target year is shown below. Persons/household 1 2 3 5 or more Low 120 100 90 150 30 Income Medium 280 220 190 180 60 High 130 40 50 70 60 (a) Calculate the forecasted number of trips for each combination of the number of persons per household and the level of household income. (b) Alternatively, trip rate can be estimated using the following linear regression equation: Trip rate=0.46 + 1.96 NPERSON + 1.66 * HINCOME where NPERSON no. of persons per household (- 5 for 5 or more persons in household); HINCOME level of household income (-0 for low income. - 1 for medium income, -2 for high income) (a) Calculate the forecasted number of trips for each combination of the number of persons per household and the level of household income. (b) Alternatively, trip rate can be estimated using the following linear regression equation: Trip rate=0.46 + 1.96 NPERSON + 1.66* HINCOME where NPERSON = no. of persons per household (-5 for 5 or more persons in household); HINCOME level of household income (=0 for low income, 1 for medium income, = 2 for high income) Calculate the forecasted number of trips for each household type using this estimated trip rate. (e) Compare underlying assumptions and limitations of the methods used in (a) and (b).
Expert Answer:
Answer rating: 100% (QA)
ANSWER a 1 personhousehold 93 149 616 858 2 personshousehold 72 853 96 1021 3 personshousehold 59 36... View the full answer
Related Book For
Numerical Methods for Engineers
ISBN: 9780071244299
5th Edition
Authors: Steven C. Chapra, Raymond P. Canale
Posted Date:
Students also viewed these accounting questions
-
Solve the following problem numerically from t = 0 to 3: dy/dx = - y + t2 y(0) = 1 Use the third-order RK method with a step size of 0.5.
-
Solve the following problem by doing hand calculations. Please do not use Excel or any other computer software. The following data represents the overall miles per gallon (MPG) of mid-sized sedans....
-
Solve the following problem for x(t). * + 12x + 40x = 3 sin 5t x(0) = x (0) = 0
-
The marketing department for an upscale retail catalog company wants to determine if there are differences in the mean customer purchase amounts across the available purchase sources (Internet,...
-
On January 1, Year 1, Spectrum Fabricators Inc. issues $20 million of convertible bonds at par value. The bonds have a stated annual interest rate of 6 percent, pay interest annually, and come due...
-
Compare the ways the regression coefficients are interpreted in simple regression and in multiple regression.
-
Compare and contrast the following two statements. Are they concerned with achieving eco-efficiency, eco-effectiveness or both? 1 Businesses should sack the unproductive kilowatt-hours, tonnes and...
-
A uniform slender rod of length L = 36 in. and weight W = 10 lb hangs freely from a hinge at C. A horizontal force P of magnitude 15 lb is applied at end B. Knowing that r = 9 in., determine (a) The...
-
A 55kg bicyclist (including the bicycle), initially at rest, pedals to the right, causing her speed to increase steadily for 6.9s. During this time she travels 34m while experiences a 60N drag and...
-
Lombard Ltd has been offered a contract for which there is available production capacity. The contract is for 20,000 identical items, manufactured by an intricate assembly operation, to be produced...
-
Construct a truth table for each of the following compound statements. a) p p b) p ( q V p) c) (p V q) (p q) d) (p V q) (q r)
-
Solve. y +4 y-10 = 3 2 3
-
Aqua Corporation purchases nonresidential real property on May 8 , 2 0 2 0 , for $ 1 , 6 3 0 , 0 0 0 . Straight - line cost recovery is taken in the amount of $ 1 6 3 , 0 0 0 before the property is...
-
Kylee's first three tests scores are 8 2 , 7 7 , and 7 8 . What must Kaylee score on the next test to get an average to 8 1 ?
-
Explain the answer as a polynomial in standard form. f(x) = x^2+2x-7 g(x) = 2x+1 Find (f-g) (x) =
-
4. Factor y5 - 6y4 + 9y.
-
The radiology department at St. Joseph's Hospital, a not-for-profit, is considering purchasing a magnetic resonance imaging (MRI) machine. The cost to purchase and install an MRI is approximately...
-
Controls can be identified based on their function. The functions are preventive, detective, and corrective. A. True B. False
-
Compound A diffuses through a 4-cm-long tube and reacts as it diffuses. The equation governing diffusion with reaction is Dd 2 A / dx 2 kA = 0 At one end of the tube, there is a large source of A at...
-
In the investigation of a homicide or accidental death, it is often important to estimate the time of death. From the experimental observations, it is known that the surface temperature of an object...
-
The solar radiation for Tucson, Arizona, has been tabulated as Assuming each month is 30 days long, fit a sinusoid to this data. Use the resulting equation to predict the radiation inmid-August. |J F...
-
Three brothers, Daniel, David and Derrick have been discussing their respective taxation affairs and how much they dislike paying tax. None of them are Scottish taxpayers. Daniel's income for tax...
-
Roseanne is a Scottish taxpayer. She starts trading on 1 July 2023 and prepares accounts for the 16 months to 31 October 2024. The adjusted trading profit for this period is 38,560. Her only other...
-
You are a trainee chartered certified accountant and your manager has asked you for your help with regard to a taxpayer who has made trading losses. Sean has been in self-employment since 2011, but...
Study smarter with the SolutionInn App