Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Y X1 X2 X3 X4 City Number of weekly riders Price per week Population of city Monthly income of riders Average parking rates per month

image text in transcribed

Y X1 X2 X3 X4
City Number of weekly riders Price per week Population of city Monthly income of riders Average parking rates per month
1 192,000 $15 1,800,000 $5,800 $50
2 190,400 $15 1,790,000 $6,200 $50
3 191,200 $15 1,780,000 $6,400 $60
4 177,600 $25 1,778,000 $6,500 $60
5 176,800 $25 1,750,000 $6,550 $60
6 178,400 $25 1,740,000 $6,580 $70
7 180,800 $25 1,725,000 $8,200 $75
8 175,200 $30 1,725,000 $8,600 $75
9 174,400 $30 1,720,000 $8,800 $75
10 173,920 $30 1,705,000 $9,200 $80
11 172,800 $30 1,710,000 $9,630 $80
12 163,200 $40 1,700,000 $10,570 $80
13 161,600 $40 1,695,000 $11,330 $85
14 161,600 $40 1,695,000 $11,600 $100
15 160,800 $40 1,690,000 $11,800 $105
16 159,200 $40 1,630,000 $11,830 $105
17 148,800 $65 1,640,000 $12,650 $105
18 115,696 $102 1,635,000 $13,000 $110
19 147,200 $75 1,630,000 $13,224 $125
20 150,400 $75 1,620,000 $13,766 $130
21 152,000 $75 1,615,000 $14,010 $150
22 136,000 $80 1,605,000 $14,468 $155
23 126,240 $86 1,590,000 $15,000 $165
24 123,888 $98 1,595,000 $15,200 $175
25 126,080 $87 1,590,000 $15,600 $175
26 151,680 $77 1,600,000 $16,000 $190
27 152,800 $63 1,610,000 $16,200 $200
Homework 2_Oct13.docx (Protected View) - Word lucas yos!mura - File Home Insert Design Layout References Mailings Review View ell me what you want to do 1. 4 polnts. (a) use the multiple linear regression model to fit the "Denand estination" data below (you can copy and paste the data into a file and save it as, e.g., *.txt or xlsx); compute SSE, MSE; and predict the number of weekly riders of a new city, given its known values on X1 $35, X2-$1,600,000, X3-$12,000 and X4= $ 110. 1 Bonus point: Plot a graph where you have a best fit line for this dataset. Please 1) attach your R or Matlab codes and output in your word file as Appendices; (2) save and name your original scripts as "Group#Reg. R" (e.g., Group1-Reg.R) or "Group#Reg.m" (e.g., "Group1 Reg.m"). X1 Price par X2 Population of city 1,800,000 1,790,000 1,780,000 1,778,000 1,750,000 1,740,000 1,725,000 1,725,000 1,720,000 1,705,000 1,710,000 1,700,000 1,695,000 1,695,000 1690 0On X4 Average parking rates per month $50 $50 X3 Monthly income of riders $5,800 $6,200 $6,400 $6,500 $6,550 $6,580 $8,200 $8,600 $8,800 $9,200 $9,630 10,570 11,330 $11,600 Number of weakly City 192,000 190,400 191,200 177,600 176,800 178,400 180,800 175,200 174,400 173,920 172,800 163,200 161,600 161,600 160 80n $15 $15 $15 $25 $25 $25 $25 530 530 530 530 540 540 540 $70 $75 $75 $75 $80 $80 $80 $85 $100 10 12 13 14. S11 Page 2 1.0 1 253 wurds H -+ 100% 3:35 PM Type here to search ^ 10/22/2017

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Programming The Perl DBI Database Programming With Perl

Authors: Tim Bunce, Alligator Descartes

1st Edition

1565926994, 978-1565926998

More Books

Students also viewed these Databases questions