A highway department is studying the relationship between traffic flow and speed. The following model has been

Question:

A highway department is studying the relationship between traffic flow and speed. The following model has been hypothesized.

y = β0 + β1 x + 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 of the form Ŷ = b0 + b1 x and test for a significant relationship using α = .01.

b. Develop an estimated multiple regression equation of the form Ŷ = b0 + b1 x2 and test for a significant relationship using α = .01.

c. Predict the traffic flow in vehicles per hour at a speed of 38 miles per hour.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Essentials Of Modern Business Statistics With Microsoft Excel

ISBN: 9780840062383

5th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

Question Posted: