1. Let's assume that the regression equation related to the number of trips per household is obtained based on the two factors of household size and car ownership. It is predicted that the average car ownership of each household will be equal to 1.2 and the average household size will be 3 people. If 1000 households are expected to live in the area, what is the expected number of trips by each household? What is the total number of anticipated trips per year? y = 3.8 +2.79x + 0.0033z z = household size x = car ownership

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1. Let's assume that the regression equation related to the number of trips per
household is obtained based on the two factors of household size and car ownership.
It is predicted that the average car ownership of each household will be equal to 1.2
and the average household size will be 3 people. If 1000 households are expected to
live in the area, what is the expected number of trips by each household? What is the
total number of anticipated trips per year?
y = 3.8 +2.79x + 0.0033z
z = household size x = car ownership
Transcribed Image Text:1. Let's assume that the regression equation related to the number of trips per household is obtained based on the two factors of household size and car ownership. It is predicted that the average car ownership of each household will be equal to 1.2 and the average household size will be 3 people. If 1000 households are expected to live in the area, what is the expected number of trips by each household? What is the total number of anticipated trips per year? y = 3.8 +2.79x + 0.0033z z = household size x = car ownership
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