oePFici ent l Variables l values | OM 1 I-SHo | 045 | x| age X2 personal income

Question

oePFici ent l Variables l values | OM 1 I-SHo | 045 | x| age X2 personal income ($0/cp) X1 Gender ( o+ F , lM) x4 Transit Fee(mthly ins) X5 Total auto tra el Hrne Crin) Xu Total trarsit travel time (min) Parking hourly cost cs) b2 o3 Xz -.133 3 b5 blo Xn e desination 2one 11 1000 wor kers , averoge 40 yo, querage Income Zone z: 2000 workers, average 38 yo, auerag e income S 50,00 001, Ferral e Auto Transit Zones Totol it Parting In-Vehicle walk/war Monthly (min) Cost Hme (min) time (min Fee (3) 90 80 5 10 Zonel 35 Zone 240 Apply the model, estimated parameters to compute the mocdal Split of two 2anes

Explanation / Answer

Model Intercept Values Description b1 X1 -0.014 Age b2 X2 -0.133 Personal Income(in 10k $) b3 X3 -0.54 Gender(0-F,1-M) b4 X4 -0.011 Transit Fee(Monthly in $) b5 X6-X5 -0.021 Total Auto Travel Time b6 X7 0.045 Total Transit Travel Time b0 intercept 3.085 Parking Hourly Cost Zone 1 Value of these variables are Substituting in model we get X1 40 -0.56 X2 5 -0.665 X3 0.6 -0.324 X4 90 -0.99 X6-X5 35 60+10-35 -0.735 X7 5 0.225 1 3.085 Sum 0.036 Zone 2 Value of these variables are Substituting in model we get X1 38 -0.532 X2 3 -0.399 X3 0.53 -0.2862 X4 80 -0.88 X6-X5 30 65+5-40 -0.63 X7 5 0.225 1 3.085 Sum 0.5828 So, model split is .5828-.036=.5468

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