Question

In: Statistics and Probability

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

A highway department is studying the relationship between traffic flow and speed. The following model has been hypothesized: y = β0 + β1x + 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)
1,254 35
1,331 40
1,224 30
1,335 45
1,348 50
1,123 25

In working further with this problem, statisticians suggested the use of the following curvilinear estimated regression equation.

ŷ = b0 + b1x + b2x2

(a)Develop an estimated regression equation for the data of the form  ŷ = b0 + b1x + b2x2.

(Round b0 to the nearest integer and b1 to two decimal places and b2 to three decimal places.)

ŷ =

(b) Use α = 0.01 to test for a significant relationship.

Find the value of the test statistic. (Round your answer to two decimal places.)

Test statistic=?

Find the p-value. (Round your answer to three decimal places.)

p-value = ?

(c) Base on the model predict the traffic flow in vehicles per hour at a speed of 38 miles per hour. (Round your answer to two decimal places.)

______?______vehicles per hour

Solutions

Expert Solution

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.989108
R Square 0.978335
Adjusted R Square 0.963891
Standard Error 16.56732
Observations 6
ANOVA
df SS MS F Significance F
Regression 2 37183.4 18591.7 67.73521 0.003189
Residual 3 823.4286 274.4762
Total 5 38006.83
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 422.1429 147.7852 2.856463 0.064765 -48.1756 892.4613 -48.1756 892.4613
x 37.91429 8.172866 4.639044 0.018876 11.90458 63.92399 11.90458 63.92399
-0.38857 0.108459 -3.58267 0.037216 -0.73374 -0.04341 -0.73374 -0.04341

a) Y^ = 422 + 37.91*x - 0.389*x²

b) test stat=67.74
p value=0.003

c)

Y^ = 422 + 37.91*38 - 0.389*38² = 1301.79


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