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CE3203
Solution:
Using the provided utility functions and the logit model.
𝑈𝐴 = −3.11
𝑈𝑇 = −3.77
𝑒𝑈𝐴
𝑃(𝐴) =
𝑒𝑈𝐴 + 𝑒𝑈𝑇
𝑒−3.11
𝑃(𝐴) =
𝑒−3.11 + 𝑒−3.77
𝑃(𝐴) = 0.6592603885 𝑜𝑟
P(A) = 65.93%
𝑃(𝑇) = 1 − 0.6592603885
𝑃(𝑇) = 0.3407396115 𝑜𝑟
P(T) = 34.07%
The percentage of passengers travelling by auto is 65.93% while the percent of passengers utilizing
transit to travel is 34.07%.