Question: We will use a logit model to study the time people depart from their houses. Assume 1 0 0 0 people are travelling from A
We will use a logit model to study the time people depart from their houses. Assume
people are travelling from to They work in and their job starts at They can
decide to depart at or Because drivers run into different amounts of traffic
depending on their departure time, their travel times are not the same:
If they depart at it takes them minutes to arrive at
If they depart at it takes them minutes to arrive at
If they depart at it takes them minutes to arrive at
The utility of departing at time is:
Where is the travel time, is how early they arrive Early Arrival" and is how late
they arrive Late Arrival" where all the units are in minutes. Assuming a logit model of
parameter predict how many users will depart at every time.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
