Assignment No.

2 Choice Modelling

1. Three (3) Models

a. Considering Total Cost over Income and Boarding Time

b. Considering Total Cost over income and Tranfer

c. Considering Total Cost over income and primet

2. The models presented above shows a preferred P – value for the variables considered except
for one item which is A_CARONE. The values of R-squared which is roughly around 0.47 for
the models presented are near the target value, and finally, the coefficients are precise for
the different models presented.

3. Walk vs Pedicab

The model considers the Cost over Time, Safety, and Time and it shows promising results with
P-values less than 0.05 and R-squared value of 0.33247.