Airlines on time. Airlines strive to be on time, in part, because customers can refer to government-published

Question:

Airlines on time. Airlines strive to be on time, in part, because customers can refer to government-published statistics to select flights that are most often on time. We have data for 19 airlines for March 2006 reporting the following variables:

On Time (number of on-time arrivals)

Cancelled (number of cancelled flights)

Diverted (number of diverted flights)

Carrier (number of delays due to the carrier)

Weather (number of delays due to weather)

NAS Delay (Delays due to the National Airspace System (traffic control))

Late Arrival (number of delays due to late arrival of equipment or crew)

Here’s a regression model.

Dependent variable is: On Time R-squared 93.9% R-squared (adjusted) 90.8%

s 5176 with 19 7 12 degrees of freedom Source Sum of Squares df Mean Square F-ratio Regression 4947151273 6 824525212 30.8 Residual 321546284 12 26795524

image text in transcribed

b) It seems from the scatterplot that Diverted would be a good predictor of On Time, but that seems not to be the case. Why do you think the coefficient of Diverted is not significant in the first regression?

c) How does the second regression explain this apparent contradiction?

d) Find the value of the Variance Inflation Factor statistic for Diverted in the first regression.

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

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

Question Posted: