The St. Lucian Government is interested in predicting the number of weekly riders on the public buses using the following variables: Price of bus trips per week The population in the city The monthly...


The St. Lucian Government is interested in predicting the number of weekly riders on the public buses using the following variables:



  • Price of bus trips per week

  • The population in the city

  • The monthly income of riders

  • Average rate to park your personal vehicle












































































































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




At the 5% significance level, does it appear that price of bus trips per week, population or average rate to park your personal vehicle can be removed from the model as unnecessary? In responding, construct and test any appropriate hypothesis

Jun 03, 2022
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