Abstract #300285

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JSM 2003 Abstract #300285
Activity Number: 171
Type: Contributed
Date/Time: Monday, August 4, 2003 : 2:00 PM to 3:50 PM
Sponsor: Business & Economics Statistics Section
Abstract - #300285
Title: A Statistical Measure of the Economic Impact of Traffic Crashes in Alabama
Author(s): Wade M. Watkins*+ and Mike Hardin+ and Michael Conerly
Companies: University of Alabama and University of Alabama and University of Alabama
Address: 1225 David Dr., Pelham, Al, 35124, Dept. of Ism, Tuscaloosa, AL, 35487-0001,
Keywords: traffic safety ; weighted regression ; analysis of covariance
Abstract:

Traffic safety is an important issue for policy- and decision-makers. A weighted least squares regression was used to develop an index to assess the economic impact of traffic crashes between counties within Alabama. This model adjusts for the covariates such as population of the county, area of the county, miles of interstate highway, etc. The data consists of three years of traffic crashes aggregated by county of residence that was provided by the State Department of Transportation. This project was partially funded by the University Transportation Center of Alabama, Project #02115.

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