Question
A Mobility-as-a-Service (MaaS) provider company conducted a study to check the relationship of several variables with its weekly commuters. For this purpose, thirty cities were selected and the number of weekly commuters were recorded along with other variables like: the average petrol price (in ₹), population of the city, monthly income of commuters (in ₹), average parking rates per month (in ₹). The data are given in the following table:
| City | Number of Weekly Commuters | Average Petrol Price | Population of City (in ’000) | Average Monthly Income of Commuters (in ’00) | Average Monthly Parking Rates (in ₹) |
| 1 | 17700 | 75 | 1900 | 580 | 1000 |
| 2 | 17540 | 75 | 1890 | 620 | 1000 |
| 3 | 17620 | 75 | 1880 | 640 | 1200 |
| 4 | 16260 | 77 | 1878 | 650 | 1200 |
| 5 | 16180 | 77 | 1850 | 655 | 1200 |
| 6 | 16340 | 77 | 1840 | 658 | 1400 |
| 7 | 16580 | 77 | 1825 | 820 | 1500 |
| 8 | 16020 | 82 | 1825 | 860 | 1500 |
| 9 | 15940 | 82 | 1820 | 880 | 1500 |
| 10 | 15892 | 82 | 1805 | 920 | 1600 |
| 11 | 15780 | 85 | 1810 | 963 | 1600 |
| 12 | 14820 | 95 | 1800 | 1057 | 1600 |
| 13 | 14660 | 95 | 1795 | 1133 | 1700 |
| 14 | 14660 | 96 | 1795 | 1160 | 2000 |
| 15 | 14580 | 96 | 1790 | 1180 | 2100 |
| 16 | 14420 | 96 | 1730 | 1183 | 2100 |
| 17 | 13380 | 97 | 1740 | 1265 | 2100 |
| 18 | 10070 | 120 | 1735 | 1300 | 2200 |
| 19 | 13220 | 102 | 1730 | 1325 | 2500 |
| 20 | 13540 | 102 | 1720 | 1380 | 2600 |
| 21 | 13700 | 102 | 1715 | 1401 | 3000 |
| 22 | 12100 | 107 | 1705 | 1450 | 3100 |
| 23 | 11124 | 113 | 1690 | 1500 | 3300 |
| 24 | 10900 | 125 | 1695 | 1520 | 3500 |
| 25 | 11108 | 114 | 1690 | 1560 | 3500 |
| 26 | 13668 | 104 | 1700 | 1600 | 3800 |
| 27 | 13780 | 90 | 1710 | 1620 | 4000 |
| 28 | 12108 | 118 | 1790 | 1590 | 3700 |
| 29 | 14668 | 108 | 1800 | 1630 | 4000 |
| 30 | 14780 | 94 | 1810 | 1650 | 4200 |
Now determine the most appropriate regression model for the number of weekly commuters using stepwise approach at 5 % level of significance and interpret the results. Does the final regression model satisfy the linearity and normality assumptions?
Answer :
Word Count : 350
To determine the most appropriate regression model for the Number of Weekly Commuters, we will follow these steps: ### Step 1: Load and Explore the Data - Import the dataset. - Check for missing values and outliers. - Explore relationships between independent variables (predictors) and the dependent variable. ### Step 2: Perform Stepwise Regression - Use stepwise regression _________ _____ ____ ___ ___ _________ __________.
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To determine the most appropriate regression model for the Number of Weekly Commuters, we will follow these steps: ### Step 1: Load and Explore the Data - Import the dataset. - Check for missing values and outliers. - Explore relationships between independent variables (predictors) and the dependent variable. ### Step 2: Perform Stepwise Regression - Use stepwise regression _________ _____ ____ ___ ___ _________ __________.
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