PRAC 2 DATA: Metro Rail Data

Demand for commuter rail transportation

Year Avg Weekly Price

Rides in per ride
in 'ooo (Cents)
Y X1
1966 1200 15 WEEKLY RIDES PRICE PER RIDES
1967 1190 15
1968 1195 15 Mean 1026.2222 Mean 53.3333
1969 1110 25 Standard E18.139875 Standard 6.0975
1970 1105 25 Median 1010 Median 40
1971 1115 25 Mode 1010 Mode 100
1972 1130 25 Standard D94.257558 Standard 31.6835
1973 1095 30 Sample Va8884.4872 Sample V 1003.85
1974 1090 30 Kurtosis -1.115618 Kurtosis -1.45841
1975 1087 30 Skewness 0.4443409 Skewness 0.44143
1976 1080 30 Range 290 Range 85
1977 1020 40 Minimum 910 Minimum 15
1978 1010 40 Maximum 1200 Maximu 100
1979 1010 40 Sum 27708 Sum 1440
1980 1005 40 Count 27 Count 27
1981 995 40
1982 930 75
1983 915 75
1984 920 75
1985 940 75
1986 950 75
1987 910 100 Cvariance -2676.92308
1988 930 100
1989 933 100 SUMMARY OUTPUT
1990 940 100 Correlation -0.89636756
1991 948 100 Regression Statistics
1992 955 100 Multiple
R Square
Adjusted
Standard
Observati 27

ANOVA
df
Regressio 1
Residual 25
Total 26

Coefficients
Intercept 1168.44
X1 -2.66667
Y hat linear X1
1128.44 15
1128.44 15
1128.44 15
1101.78 25 DEMAND FO
1101.78 25 TRANS
1101.78 25
1101.78 25 1250
1088.44 30 1200

AVERAGE WEEKLY RIDES

1088.44 30 1150
1088.44 30 1100
1088.44 30 1050
1061.78 40
1000
1061.78 40
950
1061.78 40
1061.78 40 900
1061.78 40 850
10 20 30 40
968.44 75
968.44 75
968.44 75
968.44 75
968.44 75
901.78 100
901.78 100
901.78 100
901.78 100
901.78 100
901.78 100
 SUMMARY OUTPUT

Regression Statistics
0.89637
0.80347
0.79561
42.613

SS MS F Significance F
185600 185600 102.210148 2.5705E-10
45396.7 1815.86666667
230997

Standard Error t Stat P-value Lower 95% Upper 95% Lower 95,0% Upper 95,0%
16.2835 71.7563828128 1.7826E-30 1134.90797 1201.98092 1134.90797 1201.98
0.26377 -10.109903441 2.5705E-10 -3.2099066 -2.1234268 -3.2099066 -2.1234
 DEMAND FOR COMPUTER RAIL
TRANSPORTATION
1250
1200
1150
1100
1050
1000
950
900
850
10 20 30 40 50 60 70 80 90 100 110
PRICES
 DEMAND FOR COMPUTER RAIL
TRANSPORTATION
Year Avg Weekly Price 1250
Rides in per ride 1200

AVERAGE WEEKLY RIDES

in 'ooo (Cents)
1150
Y X1
1100
1966 1200 15
1967 1190 15 1050
1968 1195 15 1000
1969 1110 25 950
1970 1105 25 900
1971 1115 25 850
1972 1130 25 10 20 30 40 50 60 70 80 90 100 110
1973 1095 30 PRICES
1974 1090 30
1975 1087 30
1976 1080 30
1977 1020 40
1978 1010 40
1979 1010 40
1980 1005 40
1981 995 40
1982 930 75
1983 915 75
1984 920 75
1985 940 75
1986 950 75
1987 910 100
1988 930 100
1989 933 100
1990 940 100
1991 948 100
1992 955 100
MPUTER RAIL
ATION

60 70 80 90 100 110
CES