Try Magic Notes and save time.Try it free
Try Magic Notes and save timeCrush your year with the magic of personalized studying.Try it free
Question

Oakland passengers 2016 Part I\mathrm{I} of this exercise is pretty much as it appeared in the previous edition of this textbook:

The scatterplot below shows the number of passengers departing from Oakland (CA) airport month by month since the start of 1997. Time is shown as years since 1990, with fractional years used to represent each month. (Thus, June 1997 is 7.57.5-halfway through the 7 th year after 1990.)

Dependent variable is Passengers

 R-squared =71.1% s=104330 Variable  Coefficient  Constant 282584 Year-1990 59704.4\begin{array}{lc}\text { R-squared }=71.1 \% & \mathrm{~s}=104330 \\ \text { Variable } & \text { Coefficient } \\ \text { Constant } & 282584 \\ \text { Year-1990 } & 59704.4\end{array}

a) Interpret the slope and intercept of the model.

b) What does the value of R2R^2 say about the model?

c) Interpret ses_e in this context.

d) Would you use this model to predict the numbers of passengers in 2010 (YearsSince 1990=201990=20 ) Explain.

e) There's a point near the middle of this time span with a large negative residual. Can you explain this outlier?

Part II We updated the data through 2016 for this edition, and here is the scatterplot for data through 2016:

f) If you had used the model for the data through 2006 to predict the number of passengers in 2010 , how well would it have worked? Why?

g) Explain how this shows the danger of extrapolating. What are possible reasons for the sudden decline in airline travel in about 2008 ?

Solution

Verified
Answered 1 month ago
Answered 1 month ago

(a.)

Since 19901990, the number of passengers using the Oakland airport has increased to around 59,70059,700 per year, up from around 282,000282,000 in 19901990.

Create an account to view solutions

Create an account to view solutions

Recommended textbook solutions

Stats: Modeling the World 5th Edition by David E. Bock, Paul Velleman, Richard D. De Veaux

Stats: Modeling the World

5th EditionISBN: 9780134685762 (3 more)David E. Bock, Paul Velleman, Richard D. De Veaux
4,069 solutions
The Practice of Statistics for the AP Exam 6th Edition by Daren S. Starnes, Josh Tabor

The Practice of Statistics for the AP Exam

6th EditionISBN: 9781319113339Daren S. Starnes, Josh Tabor
2,673 solutions
The Practice of Statistics for AP 4th Edition by Daniel S. Yates, Daren S. Starnes, David Moore

The Practice of Statistics for AP

4th EditionISBN: 9781429245593Daniel S. Yates, Daren S. Starnes, David Moore
2,490 solutions
The Practice of Statistics for the AP Exam 5th Edition by Daniel S. Yates, Daren S. Starnes, David Moore, Josh Tabor

The Practice of Statistics for the AP Exam

5th EditionISBN: 9781464108730 (1 more)Daniel S. Yates, Daren S. Starnes, David Moore, Josh Tabor
2,433 solutions

More related questions

1/4

1/7