Extrapolating One-Week Automobile Usage Data to Longer Time Periods

Abstract: 

This study illustrates a statistical procedure that can be used to estimate the fraction of a given population experiencing a “rare” event during a long time period, given a few days of observation. In an automobile usage context, the rare event could be the occurrence of an automobile occupancy of four or more persons and/or a travel distance of 100 miles or more on any given day. The technique, which can be important for the design of durable goods, is illustrated with four numerical examples.

Author: 
Horowitz, Abraham D.
Publication date: 
January 1, 1983
Publication type: 
Research Report
Citation: 
Horowitz, A. D. (1983). Extrapolating One-Week Automobile Usage Data to Longer Time Periods. General Motors Research Laboratories. https://pubsonline.informs.org/doi/abs/10.1287/trsc.20.1.48?journalCode=trsc