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US federal government was evaluating how total traffic fatalities (y) are impacted by: vehicle miles travelled in billions (x1), unemployment rate in percent (x2) percentage
US federal government was evaluating how total traffic fatalities (y) are impacted by:
- vehicle miles travelled in billions (x1),
- unemployment rate in percent (x2)
- percentage of population aged between 14 to 24 and (x3)
- state population in hundred thousand (x4)
The government agency used 1200 observation to run a regression with the following results:
SUMMARY OUTPUT Regression Statistics Multiple R 0.935 R Square 0.875 Adjusted R Squ 0.874 Standard Error 311.582 Observations 1200.000 ANOVA of SS MS F Significance F Regression 4.000 810545292.022 202636323.005 2087.245 0.000 Residual 1195.000 116014342.325 97083.132 Total 1199.000 926559634.347 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept -1116.558 80.838 -13.812 0.000 -1275.159 -957.958 X Variable 1 11.133 0.837 13.307 0.000 9.491 12.774 X Variable 2 15.696 4.951 3.170 0.002 5.982 25.409 X Variable 3 73.108 5.484 13.331 0.000 62.348 83.867 X Variable 4 5.394 0.704 7.666 0.000 4.014 6.775Step by Step Solution
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