# Capital Bike Ubikeshare System In Washington: A Case Study

Great Essays
Econ471 Final Project
Usage Forecast of a city’sbikeshare system in Washington,D.C Courtesy of Capital Bikeshare

Group 4
Xinchen PanDifei Luo Yimeng WuPak Ng
YuxiGuo

University of Illinois at Urbana-Champaign
Dec.02, 2014

Introduction………………………………………………………. 3
Data analysis……………………………………………………... 4
Making a model/assumption checks……………………………... 8
Conclusion……………………………………………………… 19
Appendix………………………………………………………... 21
References………………………………………………………. 23 Introduction
In this project, we are going to forecast the amount of usage of the bikeshare system in Washington, D.C. Our research question is what are the factors that affect the number of bike rentals. The bikeshare system is a “transportation program, ideal
However, this only means that at least one of the variables is significant. Then we need to check which variable is not significant using Anova.

Below is the Anovatable for the regression model.

## Analysis of Variance Table anova(rent) ## Analysis of Variance Table
##
## Response: cnt
## Df Sum Sq Mean Sq F value Pr(>F)
## factor(yr) 1 890908514 890908514 1550.7988 < 2.2e-16 ***
## factor(season) 3 957521736 319173912 555.5840 < 2.2e-16 ***
## factor(mnth) 11 193467220 17587929 30.6152 < 2.2e-16 ***
## factor(holiday) 1 3483977 3483977 6.0645 0.0140313 *
## factor(weekday) 6 14757984 2459664 4.2815 0.0003002 ***
## factor(weathersit) 2 163994925 81997463 142.7325 < 2.2e-16 ***
## I(temp * 41) 1 58065211 58065211 101.0737 < 2.2e-16 ***
## I(100 * hum) 1 6226067 6226067 10.8377 0.0010444 **
## I(windspeed * 67) 1 27703281 27703281 48.2229 8.681e-12 ***
## Residuals 702 403287502 574484
## ---
## Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' '

## Related Documents

• Superior Essays

-2.0644 0.7653 2.7589 -0.3459 -2.5557 The Adjusted R-squared is 2.00…

• 906 Words
• 4 Pages
Superior Essays
• Improved Essays

However, every day 10,138 employees carpool and on certain days 4,361 employees carpool. Employees that randomly carpool make the last two percent. Use of Public Transportation In the following chart , I recorded…

• 580 Words
• 3 Pages
Improved Essays
• Improved Essays

Hence, this variable (O4) is very significant in determining the no. of tickets sold. Model 3: Multiple Linear Regression Model between No. of Tickets Sold and all the identified predictor and dummy variables (as classified in table 1) Exhibit 4 shows the detail analysis of this regression model. The regression equation we get is as follows: Ticket Sold = b0 + b1 .…

• 2499 Words
• 10 Pages
Improved Essays
• Decent Essays

Dirt Bikes USA Running Case Study Kayla Lynch Management Analysis of a Business Dirt Bikes USA is a California based Production Company that specializes in the production of dirt bikes. The company was originally founded in 1994 by Carl Schmidt and Steve McFadden who had a background in the sport. Schmidt and McFadden had a background that was filled with experience in the dirt bike world. Their dreams became a reality when they began to design dirt bike frames for off the road purposes while utilizing engines from other manufacturing companies. The primary goal of Dirt Bikes USA is to produce dirt bikes that are superior in quality to rival other companies.…

• 629 Words
• 3 Pages
Decent Essays
• Improved Essays

Dallas was late to build a municipal rail transport system, yet today its DART light rail system is the largest in the United States at a total system length of 85 miles. Troubled by a rocky start, the Dallas Area Rapid Transit authority was faced with the stubborn reluctance of voters to spend any taxpayer money on public transportation infrastructure. However, once the wheels of development started in motion, there was no chance of them stopping. Over the course of 30 years, Dallas went from having the bare minimum of public transportation to having a world-renowned commuter rail system that spans even beyond the boundaries of the city. The economic and spatial impact of the DART rail system is reminiscent of the electric streetcars — save…

• 887 Words
• 4 Pages
Improved Essays
• Improved Essays

Amy Westervelt’s article “Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea Into Good Business” explains how bike-sharing is good for some country because there are lot of traffic going on it makes it easier to get around on bikes. She grow up in a small town in southern California, where they had a bike program, which you could ride bikes around for free. The program got shut down because Bikes were getting stolen and the system was bad. The Paris system is good for some people because the bikes were cheat and look nice, also they were easy to find.…

• 392 Words
• 2 Pages
Improved Essays
• Decent Essays

I am going to talk about Austin's Yellow Bike Project, which is the organization I volunteered in. My experience started the moment I left St. Edward's because the organization is located in a neighborhood I've never been before. When I got to the shop, I introduced myself and signed in the computer; where you enter all of the personal information. The organizer told me to go to station nine. I was nervous because I'm not really familiar with the technical structure of the bike, I know the basics like riding it and fixing the chain.…

• 328 Words
• 2 Pages
Decent Essays
• Improved Essays

Reflection 30: Unexcused Absences ANOVA Methods An analysis of variance (ANOVA) test is used to evaluate statistically significant differences between two or more samples (Creighton, 2007). For this assignment, I tested the hypothesis stating there is a difference between the number of unexcused absences for ninth through twelfth grade students at North Panola High School (NPHS). To conduct my ANOVA test, I first obtained monthly absence data for ninth, tenth, eleventh, and twelfth grade students from the school’s Dean of Students. I then tabulated the data into a Google spreadsheet and used the XLMiner Analysis Toolpak to conduct a single factor ANOVA test.…

• 584 Words
• 3 Pages
Improved Essays
• Improved Essays

DreamBikes-Milwaukee is formally requesting funding from the We Energies Foundation to increase the capacity for the DreamBikes-Milwaukee Youth program. The DreamBikes Youth Program is an employment program for local Milwaukee youth ranging from ages 14 to 21 years of age. In this program each youth begins an eight week paid internship where they gain the skill of bike mechanics. The next step is the hiring process; youth who show a genuine interest and skill set are hired on a permanent part time basis and provided with a work schedule that melds well with their school schedule. Once an employee, each youth is given the opportunity to develop into both a skilled mechanic and retail salesperson.…

• 328 Words
• 2 Pages
Improved Essays
• Superior Essays

When looking at the rivalry from competitors, Harley-Davidson is doing very well domestically, controlling nearly fifty percent of the market share within the United States. In terms of their global positioning, Harley-Davidson has fared fairly well with a strong positioning in the Asia-Pacific market. In the European market however, larger motorcycles are not used as frequently as are smaller and more efficient bikes, leading to a lower market positioning. When analyzing the potential new entrants to the motorcycle industry, one must look at it both from a domestic and global perspective. Within the United States, the Harley-Davidson brand is relatively safe from competition due to a strong brand loyalty that has been built up throughout the last century.…

• 1810 Words
• 8 Pages
Superior Essays
• Superior Essays

No one will argue that determining the number of significant figures and keeping with the rules of those “sigfigs” throughout an already strenuous calculation can be a pain. Countless points and half-points have been deducted from tests throughout chemistry’s ages from students claiming that significant figures are, ironically, insignificant. But, let’s consider the following scenario. Joey is in his inorganic chemistry lab. The second step to the lab tells him to measure out the mass of Iron he had calculated in the pre-lab.…

• 702 Words
• 3 Pages
Superior Essays
• Superior Essays

Bike sharing is an innovative transportation program, where system subscribers have access to bicycles through self-service locations around campus. Bike share is ideal for short distance, point-to-point trips whether you are going to class, to get food, go to the gym, or for leisure of going on a bike ride providing students and faculty members access to bicycles at any self-service bike station to use and return to any bike station around campus. Students and faculty can sign up for this service through the Ohio University website where you will be able to register and link it to your student account. Bike share stations will be spaced out throughout campus on each of the four college greens and at the top and bottom ends of Baker and…

• 1242 Words
• 5 Pages
Superior Essays
• Great Essays

The bicycle industry is one of the most established industries in India and is the second largest bicycle manufacturer in the world. In the recent past India has witnessed significant increase in the number of bicycle manufacturers and bicycle exporters. In the given case study attempt has been made to answer various questions relating to the success of ADDO brand of Eastman Industries Ltd., short-comings in the business model and its scope for the improvement. It is found that the dealers are dissatisfied with its irregular supply, defective packaging, inadequate advertisement, poor management of customer complaints & credit policy. The survey has shown that more than 50 percent dealers are satisfied from the ADDO brand.…

• 1171 Words
• 5 Pages
Great Essays
• Decent Essays

People have many choices for their transportation every day. For examples, bus, taxi, LRT, Grab car and Uber. Grab cars and Uber might be the first choice for people in the future. It is because the increasing of people who using Grab Car and Uber. These types of transportation have many reasons that make people be more prefer to these cars.…

• 784 Words
• 4 Pages
Decent Essays
• Improved Essays

During weekends (Friday, Saturday, Sunday) they charge a premium on their fleet. So far they have observed that there is close to 40% occupancy rate during weekdays (Monday to Thursday) and 90-95% occupancy rate during weekends. The founding city i.e Bangalore presently owns close to 185 two-wheelers that are available for rent. The average billing amount per booking is INR 1213.7 and the average number of bookings done is 403/week. What would be your solution to reach an occupancy rate of 70-80% during…

• 814 Words
• 4 Pages
Improved Essays