It is known that 4000 automobile trips are generated in a large residential area from noon to 1:00 P.M. on Saturdays for shopping purposes. Four major shopping centers have the following characteristics: Shopping Center Number Distance from Residential Area (km) Commercial Floor Space (in thousands of m^2) 1 4 20 2 9 15 3 8 30 4 14 60 If a logit model is estimated with coefficients -0.283 for distance and 0.172 for commercial space (in thousands of m^2), how many shopping trips will be made to each of the four shopping centers?
It is known that 4000 automobile trips are generated in a large residential area from noon to 1:00 P.M. on Saturdays for shopping purposes. Four major shopping centers have the following characteristics: Shopping Center Number Distance from Residential Area (km) Commercial Floor Space (in thousands of m^2) 1 4 20 2 9 15 3 8 30 4 14 60 If a logit model is estimated with coefficients -0.283 for distance and 0.172 for commercial space (in thousands of m^2), how many shopping trips will be made to each of the four shopping centers?
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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It is known that 4000 automobile trips are generated in a large residential area from noon to 1:00 P.M. on Saturdays for shopping purposes. Four major shopping centers have the following characteristics:
| Shopping Center Number | Distance from Residential Area (km) | Commercial Floor Space (in thousands of m^2) |
| 1 | 4 | 20 |
| 2 | 9 | 15 |
| 3 | 8 | 30 |
| 4 | 14 | 60 |
If a logit model is estimated with coefficients -0.283 for distance and 0.172 for commercial space (in thousands of m^2), how many shopping trips will be made to each of the four shopping centers?
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