It is observed that on an average 4000 vehicle trips take place in a large urban area in the afternoon on Sundays for visiting malls. The characteristics of four main centers are as follows: Distance from Residential Area (km) Commercial Floor Space Shopping Center Number (thousands of m²) 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 m²), how many shopping trips will be made to each of the four shopping centers?
It is observed that on an average 4000 vehicle trips take place in a large urban area in the afternoon on Sundays for visiting malls. The characteristics of four main centers are as follows: Distance from Residential Area (km) Commercial Floor Space Shopping Center Number (thousands of m²) 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 m²), 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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