It is known that 10,000 automobile trips are generated in a large residential area from noon to 1:00 pm on Saturdays for shopping purposes.Four major shopping centers have the following characteristics:Commercial floorDistance from theresidential area (mi)space (thousands offt2)Shopping center13.43408.36503664046.1480If a logit model is estimated with coefficients of -0.792 for distance and 0.0065 for commercial space (in thousands of ft2), how many shoppingtrips will the most popular shopping center have (in automobile trips)?

The logit model is given by, Ui=k1x1+k2x2 Where, k1=-0.792k2=0.0065 So, U=-0.792x1+0.0065x2…

It is known that 10,000 automobile trips are generated in a large residential area from noon to 1:00 pm on Saturdays for shopping purposes. Four major shopping centers have the following characteristics: Distance from the residential area (mi) Commercial floor space (thousands of ft2) Shopping center 1 3.4 340 2 8.3 650 3 6 640 4 6.1 480 If a logit model is estimated with coefficients of -0.792 for distance and 0.0065 for commercial space (in thousands of ft<), how many shopping trips will the most popular shopping center have (in automobile trips)?

It is known that 10,000 automobile trips are generated in a large residential area from noon to 1:00 pm on Saturdays for shopping purposes. Four major shopping centers have the following characteristics: Distance from the residential area (mi) Commercial floor space (thousands of ft2) Shopping center 1 3.4 340 2 8.3 650 3 6 640 4 6.1 480 If a logit model is estimated with coefficients of -0.792 for distance and 0.0065 for commercial space (in thousands of ft<), how many shopping trips will the most popular shopping center have (in automobile trips)?

Traffic and Highway Engineering

5th Edition

ISBN:9781305156241

Author:Garber, Nicholas J.

Publisher:Garber, Nicholas J.

Chapter9: Capacity And Level Of Service For Highway Segments

Section: Chapter Questions

Problem 17P

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