Perform a logarithmic transformation on the dependent

Assignment Help Basic Statistics
Reference no: EM13582888

Transit Administration, light-rail is one of the safest modes oftravel, with an accident rate of .99 accidents per million passenger miles as comparedto 2.29 for buses. The following data show the miles of track and the weekday ridershipin thousands of passengers for selected light-rail systems (USA Today, January 7, 2003). City Miles RidersLos Angeles 22 70San Diego 47 75Portland 38 81Sacramento 21 31San Jose 31 30San Francisco 73 164Philadelphia 69 84Boston 51 231Denver 17 35Salt Lake City 18 28Dallas 44 39New Orleans 16 14St. Louis 34 42Pittsburgh 18 25Buffalo 6 23Cleveland 15 15Newark 9 8

a. Develop a scatter diagram for these data, treating the number of miles of track as theindependent variable. Does a simple linear regression model appear to be appropriate?

b. Use a simple linear regression model to develop an estimated regression equationto predict the weekday ridership given the miles of track. Construct a standardizedresidual plot. Based upon the standardized residual plot, does a simple linear regressionmodel appear to be appropriate?

c. Perform a logarithmic transformation on the dependent variable. Develop an estimatedregression equation using the transformed dependent variable. Do the model assumptions appear to be satisfied by using the transformed dependent variable?

d. Perform a reciprocal transformation on the dependent variable. Develop an estimated regression equation using the transformed dependent variable.

e. What estimated regression equation would you recommend? Explain

Reference no: EM13582888

Questions Cloud

You are the auditor of jexel an auto air conditioner : you are the auditor of jexel an auto air conditioner service and repair company and you have decided to use the
Use the anova procedure for factorial designs to test for : a mail-order catalog firm designed a factorial experiment to test the effect of the size ofa magazine advertisement and
A firm produces its products by a continuous process : a firm produces its products by a continuous process involoving two production departments 1 and 2 present entries to
Compute and plot the steady-state temperature of the bar as : bus bars proposed for use in a power transmission station have a rectangular cross section of height h 600 mm and
Perform a logarithmic transformation on the dependent : transit administration light-rail is one of the safest modes oftravel with an accident rate of .99 accidents per
Joiner company issued bonds with a 100000 face value on : joiner company issued bonds with a 100000 face value on january 1 2013. the five-year term bonds were issued at 97 and
A cast-iron cylinder of 300mm bore carries a pressure of : a cast-iron cylinder of 300mm bore carries a pressure of 30 newtons per square millimetre what should be its thickness
The management of dewitz corporation is considering a : the management of dewitz corporation is considering a project that would require an initial investment of 73000. no
Pryce company owns equipment that cost 62400 when purchased : pryce company owns equipment that cost 62400 when purchased on january 1 2011. it has been depreciated using the

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd