BTS | Table 2: Regression Results for the Effect of Distance and the Relative Importance of a Commodity on Forecast Accuracy

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BTS Home > Publications > Journal of Transportation and Statistics > Volume 7 Number 1 > Paper 2

Table 2: Regression Results for the Effect of Distance and the Relative Importance of a Commodity on Forecast Accuracy

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Dependent variable: commodity forecast error

Independent variable	Coefficient	t-statistic
Constant	0.23	2.4
Distance ratio for commodity	0.11	1.5
Inflows as % total inflows to state	-0.86	-1.6
Adjusted R²: 0.04

Note: Dependent variable measured in absolute value terms; inflows as a percent of total inflows derived from observed inflows by commodity and total state inflows.