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A group of students have two options to go to school from home: bike or walk. We know that the utility of walking is -b.gd and the split between biking and walking is 8c% vs 2e% for this group of students based on recent observations of the group's travel behavior. a)What is the utility of biking? b)What should the utility of walking be to double its mode share?

A group of students have two options to go to school from home: bike or walk. We know that the utility of walking is -b.gd and the split between biking and walking is 8c% vs 2e% for this group of students based on recent observations of the group's travel behavior. a)What is the utility of biking? b)What should the utility of walking be to double its mode share?

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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b = 0 g = 8 d = 8 c = 1 e = 4
Q3. A group of students have two options to go to school from home: bike or walk. We know that the utility of walking is -b.gd and the split between biking and walking is 8c% vs 2e% for this group of students based on recent observations of the group's travel behavior. a)What is the utility of biking? b)What should the utility of walking be to double its mode share?
Transcribed Image Text:Q3. A group of students have two options to go to school from home: bike or walk. We know that the utility of walking is -b.gd and the split between biking and walking is 8c% vs 2e% for this group of students based on recent observations of the group's travel behavior. a)What is the utility of biking? b)What should the utility of walking be to double its mode share?
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