Question: A growth model was estimated by regressing the logarithm (base 10) of the annual average daily LRT Ridership [# of people] to and from the

A growth model was estimated by regressing the logarithm (base 10) of the annual average daily LRT Ridership [# of people] to and from the university on Time [Year number 1, 2, ...]. The results are shown below. From the estimated coefficients, compute the annual growth rate in average daily LRT and use the estimated model to estimate the average daily ridership for Year number 10 (Time = 10). Show all your work in the space below; correct by unsupported answers will be assigned a score of zero. Provide a verbal conclusion of your findings.

	Coefficients	Std. Error	P-value
Intercept	4.022	0.019	0.000
Time	0.026	0.003	0.000

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