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Assessment of Fuel Economy Technologies for Light-Duty Vehicles (2011) / Chapter Skim
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Appendix J: Probabilities in Estimation of Fuel Consumption Benefits and Costs
Pages 208-209

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From page 208...
... The estimates of cumulative cost Furthermore, it is assumed that the individual technology impacts are obtained by successively adding individual estimates are independent. The exact formula for the variretail price equivalent change estimates.
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From page 209...
... Thus, an appropriately rough ) Prob ( pi − 1.64σ i < pi < pi + 1.64σ i = 0.9 adjustment factor to convert the individual confidence inter )
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Key Terms

  • confidence interval
  • confidence intervals
  • percent confidence
  • retail price
  • price impact

  • joint confidence
  • cumulative fuel
  • exact formula
  • confidence bounds
  • random variables

  • technology impacts
  • individual technologies
  • cost estimates
  • consumption reduction
  • equivalent change

  • expected fractional
  • square root
  • provided rough
  • cost impacts
  • reproducible method

  • statistical association
  • variance timates
  • cumulative cost
  • change estimates
  • interval confidence

  • individual estimates
  • successively adding
  • appropriate degree
  • adding individual
  • mittee believes


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