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 rer week• The population in the city• The monthly income of riders• Average rate to park your personal vehicleNumber of weeklyriders192,000Price perweekPopulation ofcity1,800,000Monthly income ofridersAverage parking rates permonthCity$15$5,800$50$6,200$6,400$6,500$50$60190,400$151,790,000191,200$151,780,0004$25$60177,600176,8001,778,000$25$6,550$60$7051,750,0001,740,0006.178,400$25$6,580180,800$251,725,000$8,200$75175,200174,400$30$301,725,000$8,600$8,8008$759.1,720,000$75173,920172,800163,20010$30$801,705,0001,710,0001,700,000$9,200$9,630$10,57011$30$8012$40$80$11,330$11,600S11,80013161,600$401,695,0001,695,000$8514161,600160,800$40$10015$401,690,000$105$401,630,0001,640,0001,635,000S11,830$12.650S13.00016159,200$10517148,800$65$10518115,696$102$110147,200150,400152,00019$75$13,224$1251,630.0001,620.0001,615,0001,605,0001,590,0001,595,0001,590,0001,600,0002021$130S150$75$13,766$14,010S7522136,000$80$14,468$15523126,240123,888126,080$86$15,000$15,200S15,600$16,000$16524$98$17525$87$17526151,680$7S190d. At the 5% significance level, determine if the model is useful for predicting the number of weekly riders on public buses. Inresponding, construct and test any appropriate hypothesis.e. At the 5% significance level, does it appear that price of bus trips per week, population or average rate to park your personal vehiclecan be removed from the model as unnecessary? In responding, construct and test any appropriate hypothesis.

Given: The data given is as follows No of weekly riders Price per week Population of city…

Answered: The St. Lucian Government is interested…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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