Question: ( a ) Destination choice Assume there are 2 0 0 0 households in the new residential area. CFTA would like to estimate the destination

(a) Destination choice
Assume there are 2000 households in the new residential area. CFTA would like to estimate the destination choice of the new residents on Saturday evening peak hour (6pm7pm). There are only three possible destinations (unfortunately): 1) movie theater, 2) restaurant, 3) stay at home. Based on survey results, CFTA knows that:
All the household members will travel together on Saturday evening
All the trips are car-based
The destination choice follows the Logit model
The deterministic utility function depends on four factors: constant, travel time, cost, and happiness. The coefficients of each factor are as follows:
\table[[Variable,Coeff.],[Constant,0],[Travel Time (min),-0.2],[Cost ($),-0.3],[Happiness,2]]
Characteristics of each activity are as follows:
\table[[Variable,Movie Theater,Restaurant,Stay at home],[Travel Time (min),20,10,0],[Cost ($),8,20,0],[Happiness (scale 0 to 5),3,4,0]]
Using the Logit model, determine how many trips from this new housing area will go to each recreational option.
( a ) Destination choice Assume there are 2 0 0 0

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