Statistical and Econometric Methods for Transportation Data Analysis, Second Edition

The complexity, diversity, and random nature of transportation problems necessitates a broad analytical toolbox. Describing tools commonly used in the field, Statistical and Econometric Methods for Transportation Data Analysis, Second Edition provides an understanding of a broad range of analytical tools required to solve transportation problems. It includes a wide breadth of examples and case studies covering applications in various aspects of transportation planning, engineering, safety, and economics.

After a solid refresher on statistical fundamentals, the book focuses on continuous dependent variable models and count and discrete dependent variable models. Along with an entirely new section on other statistical methods, this edition offers a wealth of new material.

New to the Second Edition

• A subsection on Tobit and censored regressions
• An explicit treatment of frequency domain time series analysis, including Fourier and wavelets analysis methods
• New chapter that presents logistic regression commonly used to model binary outcomes
• New chapter on ordered probability models
• New chapters on random-parameter models and Bayesian statistical modeling
• New examples and data sets

Each chapter clearly presents fundamental concepts and principles and includes numerous references for those seeking additional technical details and applications. To reinforce a practical understanding of the modeling techniques, the data sets used in the text are offered on the book’s CRC Press web page. PowerPoint and Word presentations for each chapter are also available for download.