How many shopping trips will be made to each

Reference no: EM13207762

It is know that 4000 automobile trips are generated in a large residential area from noon to 1:00 P.M. on Saturdays fro shopping purposes. Four major shopping centers have the following characteristics:

Center Distance from residential (mi) Commercial floor space (1000 ft^2)

1 2.4 200

2 4.6 150

3 5.0 300

4 8.7 600

If a logit model is estimated with coefficients of -0.543 for distance and 0.0165 for commercial space (in 1000 of ft^2), how many shopping trips will be made to each of the four shopping centers?

a) shopping center 1

b) shopping center 2

c) shopping center 3

d) shopping center 4

Reference no: EM13207762

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