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The utility functions for auto (A), light rail (L), bus (B) and bus rapid transit (BRT) are as follows: U(A) =1-0.00142C-0.025T (C = 6; T = 40) U(L) = 5-0.00142C-0.125T-0.354W (C=1.75, T=25, W=15) U(B) = 16-0.00142C-0.0167T-0.354W (C=1.25, C=60, W=30) U(BRT) = 6-0.00142C-0.0167T-0.354W (C=1.75, C=30, W=15) where C = cost ($), T = travel time in minutes, and W = wait time in minutes Using the logit model, determine the percent of travel by bus rapid transit.

The utility functions for auto (A), light rail (L), bus (B) and bus rapid transit (BRT) are as follows: U(A) =1-0.00142C-0.025T (C = 6; T = 40) U(L) = 5-0.00142C-0.125T-0.354W (C=1.75, T=25, W=15) U(B) = 16-0.00142C-0.0167T-0.354W (C=1.25, C=60, W=30) U(BRT) = 6-0.00142C-0.0167T-0.354W (C=1.75, C=30, W=15) where C = cost ($), T = travel time in minutes, and W = wait time in minutes Using the logit model, determine the percent of travel by bus rapid transit.

Structural Analysis
Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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The utility functions for auto (A), light rail (L), bus (B) and bus rapid transit (BRT) are as follows: U(A) =1-0.00142C-0.025T (C = 6; T = 40) U(L) = 5-0.00142C-0.125T-0.354W (C=1.75, T=25, W=15) U(B) = 16-0.00142C-0.0167T-0.354W (C=1.25, C=60, W=30) U(BRT) = 6-0.00142C-0.0167T-0.354W (C=1.75, C=30, W=15) where C = cost ($), T = travel time in minutes, and W = wait time in minutes Using the logit model, determine the percent of travel by bus rapid transit.
Transcribed Image Text:The utility functions for auto (A), light rail (L), bus (B) and bus rapid transit (BRT) are as follows: U(A) =1-0.00142C-0.025T (C = 6; T = 40) U(L) = 5-0.00142C-0.125T-0.354W (C=1.75, T=25, W=15) U(B) = 16-0.00142C-0.0167T-0.354W (C=1.25, C=60, W=30) U(BRT) = 6-0.00142C-0.0167T-0.354W (C=1.75, C=30, W=15) where C = cost ($), T = travel time in minutes, and W = wait time in minutes Using the logit model, determine the percent of travel by bus rapid transit.
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