Traffic congestion seems to worsen each year. This raises the question, how much does roadway congestion cost
Question:
Traffic congestion seems to worsen each year. This raises the question, how much does roadway congestion cost the United States annually. The Federal Highway Administration’s Highway Performance Monitoring System conducts an analysis to produce an Estimate of the total cost. Drivers in the 99 cost congested areas in the United States were sampled and for each driver the congestion cost in time and gasoline was recorded. The total number of drivers in these 99 areas was 171,000,000. Estimate with 95% confidence the total cost of congestion in the 99 areas.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
Question Posted: