8.4 Consider a Poisson regression model for the number of social/recreational trips generated during a peak-hour period that is estimated by (see Eq. 8.3) BZ = -0.75 +0.025(household size) + 0.008(annual household income, in thousands of dollars) + 0.10(number of nonworking household members). Suppose a household has five members (three of whom work) and an annual income of $100,000. What is the expected number of peak-hour social/recreational trips, and what is the probability that the household will not make a peak-hour social/recreational trip?

8.4 Consider a Poisson regression model for the number of social/recreational trips generated during a peak-hour period that is estimated by (see Eq. 8.3) BZ = -0.75 +0.025(household size) + 0.008(annual household income, in thousands of dollars) + 0.10(number of nonworking household members). Suppose a household has five members (three of whom work) and an annual income of $100,000. What is the expected number of peak-hour social/recreational trips, and what is the probability that the household will not make a peak-hour social/recreational trip?

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 5P

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