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Course: CIVIL 480, Fall 2012
School: Northwestern
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GONG Assignment Cheng 3 1. Explore the data When we use crosstab to analysis the decision, we first draw a graph (Fig 1.1), which is the percentage of alternatives that people can choose when they made their decision by different range of income. We notice that the number people can have train is nearly equal to car, which means that when people making their travel choice, the train and car shares the same chance...

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GONG Assignment Cheng 3 1. Explore the data When we use crosstab to analysis the decision, we first draw a graph (Fig 1.1), which is the percentage of alternatives that people can choose when they made their decision by different range of income. We notice that the number people can have train is nearly equal to car, which means that when people making their travel choice, the train and car shares the same chance to be chosen. The air shares the least percentage. Fig. 1.1 the percentage of choice For those the really number of peoples choice, we can get the Table 1.1. Table 1.1 1(TRAI 3(BUS 4(CAR INCOME 2(AIR) SUM N) ) ) 18.41 71.64 100.00 5000 8.46% 1.49% % % % 85.00 100.00 15000 4.76% 0.71% 9.52% % % 2000087.79 100.00 5.15% 0.76% 6.30% 25000 % % 2500192.68 100.00 6.10% 0.00% 1.22% 30000 % % 3000190.18 100.00 3.75% 0.71% 5.36% 35000 % % 3500191.30 100.00 8.70% 0.00% 0.00% 40000 % % 4000193.62 100.00 1.89% 0.95% 3.55% 45000 % % 5000093.44 100.00 2.62% 1.31% 2.62% 55000 % % 92.90 100.00 70000 3.25% 1.83% 2.03% % % 89.15 100.00 SUM 4.09% 1.02% 5.74% % % Fig 1.2 distribution of actual choice of traveller The distribution of car uses the second y-coordination, which is on the right side. From Fig 1.2 we can easliy get the distribution of actual choice of traveller. For bus, when the annual income is 5000, the people are willing to take bus instead of other alternatives. For train, the distribution is similar with the bus, while it shares less percentage than bus from 5000 to 20000, and than, the distribuion is really the same. Obviously, the most part of alternatives is car. It has almost more than 90% alternatives after 25000 annual income. For air, it increases when income increase. Moreover, we can focus on the gender relationship with the alternatives. GENDER 1(TRAI 2(AIR) 3(BUS 4(CAR SUM Cheng GONG N) ) 0 2.50% 0.91% ) 3.41% 93.18% 1 6.06% 1.17% 8.61% 84.16% 100.0 0% 100.0 0% Table 1.2 It is very interesting that for female, they usually choose train, air and bus than male. And we find that in these 3032 cases, our sample includes 1199 female and 1833 male. So even the number of male is larger than female, we found that more male will try car than other alternatives. Maybe it is because the car is more convenience than others, and the men dont like inconvenience choices. Due to those unrealistic data, in this part we just ignore them. In the rest part, for these 58 data, so we replace 0 and 1 into 0.6 (1833/3032). 2. Estimate a basic reference model The travel time (TT) and travel cost (TC) variables are specified as generic in this model. After running the Elm, we can first get the estimation of a constant only model, which states in Table 2.1. Notice, we set car as a base. Table 2.1Constant only Model Estimates Model Parameter Estimates Parameter InitValue FinalValue StdError t-Stat NullValue cnst_CO@T rain 0 cnst_CO@ Air 0 cnst_CO@ Bus 0 Log Likelihood at Convergence -3.0794 0.091844 -33.529 0 -4.0295 0.18114 -22.245 0 -2.3485 0.079287 -29.62 0 -1266.26034 Log Likelihood at Null -3582.76946 Parameters The Adjusted Rho Squared with respect to zero is 0.653. Then we build a basic reference model that includes only the alternative specific constants, travel time and travel cost. Due to travel time, firstly, we use total travel time. We can get Table 2.2 for this basic reference model. Table 2.2 Basic Reference Model Estimates Parameter InitValue FinalValue StdError t-Stat NullValue cnst_CO@T rain 0 -2.4536 0.13326 -18.412 0 cnst_CO@A ir 0 -4.1884 0.66378 -6.3098 0 cnst_CO@B us 0 -1.5654 0.12976 -12.063 0 COST 0 -0.0058552 0.008924 -0.65613 0 Cheng GONG Time 0 -0.008364 Log Likelihood at Convergence Log Likelihood at Null Parameters 0.001122 -7.4576 0 -1237.05329 -3582.76946 The Adjusted Rho Squared with respect to zero is 0.653. The Adjusted Rho Squared with respect to constants only is 0.021. For this basic reference model, we can build a table (Table 2.3) shows the likelihood ratio test for hypothesis. Table 2.3 Test for Hypothesis Variables Test for Hypothesis Ho,1 Test for Hypothesis Ho,2 Log-Likelihood of Unrestricted -1266.26034 -1237.05329 Model Log-Likelihood of restricted -3582.76946 -1266.26034 Model Test Statistics (-2(LLr-LLu)) 4633.01824 58.4141 Number of Restriction 4 6 Critical Chi-Spqured Value 0 9.44499E-11 It is obvious that for a constant only model is much better than a null parameters model, meanwhile, the basic reference model is better than constant only model, as from Table 2.3 we reject the hypothesis. (Reject H0 with a level of significance less than 0.05.) Also it is clear that the reference model has a better goodness. In my table I use a function in Excel CHISQ.DIST.RT. Or I can find the significance level 0.01 in freedom 6 is 16.812, which is less than 58.4141. 3. Impact of frequency on mode choice Table 3.1 Estimation on model adding FREQ Parameter InitValue FinalValue StdError t-Stat NullValue cnst_CO@T rain 0 -2.8658 0.15574 -18.402 0 cnst_CO@A ir 0 -5.4139 0.84562 -6.4022 0 cnst_CO@B us 0 -2.3835 0.20278 -11.754 0 COST 0 -0.0056449 0.011139 -0.50676 0 FREQ 0 0.053116 0.009284 5.7213 0 Time 0 -0.0062771 0.001326 -4.7351 0 Log Likelihood at Convergence -1219.21608 Log Likelihood at Null Parameters Parameter cnst_CO@T -3582.76946 Table 3.2 Estimation on model adding FREQ2 InitValue FinalValue StdError t-Stat NullValue 0 50.197 9.2044 5.4536 0 Cheng GONG rain cnst_CO@A 0 47.649 ir cnst_CO@B 0 50.68 us COST 0 -0.0056449 FREQ2 0 0.053116 Time 0 -0.0062771 Log Likelihood at Convergence 9.1469 5.2093 0 9.1215 5.5561 0 0.011139 0.009284 0.001326 -0.50676 5.7213 -4.7351 0 0 0 -1219.21608 Log Likelihood at Null Parameters -3582.76946 From Table 3.1 and 3.2, except of the constant part, the other parts, which are in grey, are same. This means that the two models or the probability are the same (Gumble distribution). The difference part is the constant part as the Car alternative is expressed as 0 in FREQ and as 999 in FREQ2. As car is the base, part will not change, while for constant part it will change the final number. 4. Explore other models with alternative specific variables For this part, I will try some model and find the top 2 model for at last. (1) Add income as a specific variable. Choose the model in Que 2 as the base model, we call model M1. Then we call the model we will build M2. Parameter cnst_CO @Train cnst_CO @Air cnst_CO @Bus INCOME _CO@Tra in INCOME _CO@Air INCOME _CO@Bus COST Table 4.1 Estimate the model M2 InitValue FinalValue StdError t-Stat NullValue 0 -1.7165 0.21301 -8.0584 0 Time Log Likelihood at Convergence Log Likelihood 0 -4.474 0.80366 -5.567 0 0 -0.16988 0.19511 -0.87071 0 0 -2.01E-05 5.12E-06 -3.9239 0 0 8.57E-06 9.22E-06 0.93017 0 0 -4.23E-05 5.07E-06 -8.3412 0 0 0.0074076 0.0087339 0.009163 -0.80842 0 0.001137 -7.6829 0 0 -1188.12414 -3582.76946 Cheng GONG at Null Parameters Table 4.2 the hypothesis of M1 and M2 Variables Test for Hypothesis Ho,1 Log-Likelihood of Unrestricted -1188.12414 Model Log-Likelihood of restricted -1237.05329 Model Test Statistics (-2(LLr-Llu)) 97.8583 Number of Restriction 10 Critical Chi-Spqured Value 1.46089E-16 The significance level of 0.01 of freedom 10 is 23.20, which is less than 97.8583. We can reject the hypothesis. This result means when we add income as a specific variable it will give a better goodness fit. (2) Add drive time as a specific variable. Choose the model in Que 2 as the base model. We call this model M3. Table 4.3 Estimates of model M3 Parameter InitValue FinalValue StdError t-Stat NullValue cnst_CO@T 0 -3.4832 0.21183 -16.444 0 rain cnst_CO@A 0 -5.5712 0.72925 -7.6395 0 ir cnst_CO@B 0 -2.4796 0.2102 -11.796 0 us DRIVETIM 0 0.0049666 0.00082891 5.9918 0 E_CO@Trai n DRIVETIM 0 0.010889 0.0022408 4.8596 0 E_CO@Air DRIVETIM 0 0.0037253 0.00089441 4.165 0 E_CO@Bus COST 0 -0.024943 0.0099205 -2.5143 0 Time 0 -0.0038124 0.0013784 -2.7658 0 Log Likelihood -1202.09949 at Convergence Log Likelihood -3582.76946 at Null Parameters Variables Test for Hypothesis Ho,1 Log-Likelihood ofUnrestricted Model -1202.09949 Log-Likelihood of -1219.21608 restricted Model Test Statistics (-2(LLr-Llu)) 34.23318 Number of Restriction 10 Cheng GONG The significance level of 0.01 of freedom 10 is 23.20, which is less than 34.23318. (3) Add gender as a specific variable. Choose the model in Que 2 as the base model. We call this model M4. Table 4.4 Estimates of model M4 Parameter InitValue FinalValue StdError t-Stat NullValue cnst_CO@ 0 -2.9835 0.18546 -16.087 0 Train cnst_CO@ 0 -4.3373 0.67453 -6.4302 0 Air cnst_CO@ 0 -2.1442 0.17019 -12.599 0 Bus GENDER_ 0 0.99108 0.19531 5.0744 0 CO@Train GENDER_ 0 0.35567 0.35561 1.0002 0 CO@Air GENDER_ 0 1.0801 0.16987 6.3582 0 CO@Bus COST 0 -0.006221 0.0087879 -0.7079 0 Time 0 -0.0084651 0.0011251 -7.5239 0 Log Likelihood -1201.16550 at Convergence Log Likelihood -3582.76946 at Null Parameters Variables Test for Hypothesis Ho Log-Likelihood of Unrestricted Model -1201.1655 Log-Likelihood of -1219.21608 restricted Model Test Statistics (2(LLr-Llu)) 36.10116 Number of Restriction 10 Critical ChiSpqured Value 2.7583E-07 (4) Add income and gender as a specific variable. Choose the model in Que 2 as the base model. We call this model M5. Parameter cnst_CO@ Train cnst_CO@ InitValue 0 0 Table 4.5 Estimates of model M5 FinalValue StdError t-Stat -2.2519 0.24923 -9.0353 -4.6036 0.81067 -5.6788 NullValue 0 0 Cheng GONG Air cnst_CO@ Bus GENDER_ CO@Train GENDER_ CO@Air GENDER_ CO@Bus INCOME_ CO@Train INCOME_ CO@Air INCOME_ CO@Bus COST Time Log Likelihood at Convergence Log Likelihood at Null Parameters 0 -0.76074 0.2265 -3.3587 0 0 0.98762 0.19586 5.0425 0 0 0.36827 0.35737 1.0305 0 0 1.0196 0.17302 5.8931 0 0 -1.9757e005 8.6265e006 -4.0618e005 -0.0081969 -0.0088548 5.0855e006 9.1809e006 5.0523e006 0.0090268 0.0011404 -3.8851 0 0.93962 0 -8.0395 0 0 0 0 0 Build a comparison table to M2 and M5: -0.90806 -7.765 0 0 -1155.72898 -3582.76946 Cheng GONG Table 4.6 Comparison between M2 and M5 Variables M2 M5 Travel Cost ($) -0.0058552 (-0.0081969(-0.91) 0.65613) Total Travel Time (minutes) -0.008364 (-0.0088548(-7.765) 0.65613) Income Variables Train -0.0000201(-3.92) -0.000019757(3.88) Air 0.00000857(0.93) 0.0000086265(0.94) Bus -0.0000423(-8.34) -0.000040618(8.04) Car (base) 0 0 Gender Variables Train 0.98762(5.04) Air 0.36827(1.03) Bus 1.0196(5.89) Car (base) 0 Mode Constants Train -1.7165(-8.06) -2.2519(-9.03) Air -4.474(-5.57) -4.6036(-5.68) Bus -0.16988(-0.87) -0.76074(-3.36) Car (base) 0 0 Log-likelihood at Zero -3582.769 -3582.769 Log-likelihood at Constants -1219.66087 -1188.14388 Log-likelihood at Convergence -1188.12414 -1155.72898 Ajust-Rho-Squared w.r.t Zero 0.666 0.674 Ajust-Rho-Squared w.r.t Constants 0.022 0.02 Likelihood Ratio Test to Reject Model M2 Likelihood Ratio NA 32 Degrees of freedom NA 1 Rejection Significance NA 29.141 We can get model M5 is better than model M2, as 32>29.141, so we a find better model M5. Even we can get better likelihood like separate travel time into out and in; therefore, we can get likelihood -1140.65277. I will not continue to do that. As a conclusion, M5 is a preferred model which has been done above. I think for income it is for sure must be included. And for gender, as I have done in Que1, the crosstab of gender, it may be a effective part to include gender. We cannot easily explain why the data under gender is positive when the base car is 0. Female prefer to get bus more or by car less. Due to this situation, we change our model in ELM, from (base) car to (base) air. See what we can get: Cheng GONG Parameter cnst_CO@Train cnst_CO@Car cnst_CO@Bus INCOME_CO@Tra in INCOME_CO@Car InitValu e 0 0 0 0 0 INCOME_CO@Bu s GENDER_CO@Tra in GENDER_CO@Ca r GENDER_CO@Bu s D_COST 0 Time 0 Table 4.7 FinalValu StdErro e r 2.7774 0.56426 5.0563 0.49671 4.2672 0.56291 -3.09E-05 1.05E05 -1.16E-05 9.25E06 -5.19E-05 1.04E05 0.58456 0.41497 0 -0.39935 0 0.61713 0 -0.049274 0 0.008692 8 t-Stat 4.9221 10.18 7.5806 2.9573 1.2523 4.9667 1.4087 0.3695 NullValu e 0 0 0 0 0 0 0 1.0808 0.40461 1.5253 0 0.01673 9 2.9437 0.00112 6 7.7172 0 0 0 It is obvious to get that the value of GENDER_CO@Car is a negative number which means that for female, compared with male, they have less willing to choose car, which definitely match the finding in Que1. ## For Preferred model: not only from likelihood comparison, but also from the value of time. The value of time of M5 is 55.54208 dollar/hour it is a little bit higher. For M2 model the value of time is 6.31dollar/hour, it so low. So considering this part, we should choose M5 too. ## There is an abundance of empirical evidence that travelers are much more sensitive to out-of-vehicle time than to in-vehicle time and therefore a minute of out-of-vehicle time will generate a higher disutility than a minute of in-vehicle-time. I will give a further explicitly explanation of it later. 5. Explore other models with transformations of variables (1) Replace COST by COSTINC. Use the M2 mode replaces COST by COSTINC. The log likelihood of M2 is -1188.12414, while for COSTINC is -1187.35627. The model M6 is showed like following: Cheng GONG Parameter cnst_CO@ Train cnst_CO@ Air cnst_CO@ Bus INCOME_ CO@Train INCOME_ CO@Air INCOME_ CO@Bus COSTINC Time Table 5.1 Estimates of Model M6 related to COSTINC InitValue FinalValue StdError t-Stat NullValue 0 -1.8589 0.20743 -8.9617 0 Log Likelihood at Convergence Log Likelihood at Null Parameters 0 -5.685 0.63995 -8.8835 0 0 -0.28311 0.1933 -1.4646 0 0 -1.8606e005 1.9178e005 -4.0762e005 84.14 -0.008785 5 5.156e-006 -3.6086 0 1.1268e005 5.1003e006 53.351 0.0011088 1.702 0 -7.9921 0 1.5771 -7.9233 0 0 0 0 0 0 -1187.35627 -3582.76946 Table 5.2 Hypothesis between M2 and M6 Variables Test for Hypothesis Ho Log-Likelihood of Unrestricted -1187.35627 Model Log-Likelihood of restricted -1188.12414 Model Test Statistics (-2(LLr-Llu)) 1.53574 Number of Restriction 10 Critical Chi-Spqured Value 0.998819659 As this question does not have this type of restricted-unrestricted relationship, we use non-nested hypothesis tests. Significance Level= But for this question we cannot reject hypothesis easily. For a freedom of 10 the significant level of 0.01 is 23.209< 1.53574. From this part we also cannot reject this hypothesis. So even the likelihood is increased a bit, we cannot take the new model M6 as a better one. (2) Add frequency transformed We create two new models M7 and M8. Use Income and Frequency and In-vehicletime and Out-vehicle-time as M7, and replace FREQ to INVFEQ. Cheng GONG Parameter cnst_CO@ Train cnst_CO@ Air cnst_CO@ Bus INCOME_ CO@Train INCOME_ CO@Air INCOME_ CO@Bus COST FREQ OVTT IVTT Table 5.3 Estimates of Model M7 of FREQ InitValue FinalValue StdError t-Stat 0 -0.89407 0.31763 -2.8148 NullValue 0 0 -4.0641 1.0205 -3.9826 0 0 0.04653 0.32088 0.14501 0 0 -2.03E-05 5.12E-06 -3.9694 0 0 6.12E-06 9.42E-06 0.65005 0 0 -4.18E-05 5.02E-06 -8.3272 0 0 0 0 0 -0.005902 0.056717 -0.019697 0.0052768 0.012184 0.009517 0.002875 0.001467 -0.48442 5.9595 -6.8499 -3.5972 0 0 0 0 Log Likelihood at Convergence Log Likelihood at constant Log Likelihood at Null Parameters Parameter cnst_CO@ Train cnst_CO@ Air cnst_CO@ Bus INCOME_ CO@Train INCOME_ CO@Air INCOME_ CO@Bus COST INVFREQ OVTT IVTT -1155.28636 -1219.66087 -3582.76946 Table 5.4 Estimates of Model M8 of INVFREQ InitValue FinalValue StdError t-Stat 0 -0.36222 0.32254 -1.123 NullValue 0 0 -3.1025 0.87608 -3.5413 0 0 0.93286 0.28762 3.2433 0 5.1314e006 9.2125e006 5.0566e006 0.009949 -3.9993 0 0.85147 0 -8.384 0 -0.34961 0 0.43658 0.0028059 0.00125 -3.1514 -6.9404 -5.7478 0 0 0 0 0 0 0 0 0 0 -2.0522e005 7.8441e006 -4.2395e005 -0.003478 2 -1.3758 -0.019474 -0.007184 Cheng GONG 5 Log Likelihood at Convergence Log Likelihood at constant Log Likelihood at Null Parameters -1168.42585 -1219.66087 -3582.76946 It is very clear that -1155.28636>-1168.42585 and it cannot reject the hypothesis. It also indicates a diminishing effect of increased frequency. (3) Examine the impact of group size I use dummy variable to solve this situation. We set the group size into 2 parts, one is less or equal to 2, the other is larger than 2. So due to this formulation, we can get two estimation table, Table5.5 and Table 5.6. Part 1: Small group: Table 5.5 Estimates of small group size Parameter InitValue FinalValue StdError t-Stat NullValue cnst_CO 0 -1.8617 0.237 -7.8552 0 @Train cnst_CO 0 -5.2047 0.97129 -5.3586 0 @Air cnst_CO 0 -0.66383 0.26205 -2.5332 0 @Bus INCOME 0 -1.93E-05 5.29E-06 -3.6533 0 _CO@Tra in INCOME 0 4.77E-06 9.74E-06 0.48917 0 _CO@Air INCOME 0 -4.31E-05 5.44E-06 -7.922 0 _CO@Bus COST 0 0.011444 -0.71047 0 0.0081307 FREQ 0 0.046895 0.009596 4.8871 0 Time 0 0.001381 -5.4809 0 0.0075664 Log Likelihood at Convergence -1034.11578 Log Likelihood at Null Parameters -2833.23135 Part 2: Large group: Parameter cnst_CO@ Train cnst_CO@ Air Table 5.6 Estimates of small group size InitValue FinalValue StdError t-Stat 0 -3.831 0.89083 -4.3004 0 -4.7857 3.6754 -1.3021 NullValue 0 0 Cheng GONG cnst_CO@ 0 -3.5025 0.90857 -3.855 Bus INCOME_ 0 -2.5413e2.1563e-1.1786 CO@Train 005 005 INCOME_ 0 -2.3702e1.3744e-1.7245 CO@Bus 005 005 COST 0 -0.042685 0.054588 -0.78194 FREQ 0 0.097189 0.035342 2.7499 Time 0 0.002092 0.0051385 0.40713 Log Likelihood at Convergence -112.92892 Log Likelihood at Null Parameters -749.53811 The sum of log likelihood of these two parts is -1147.0447. The original table which is not fixed is showed in Table 5.7. 0 0 0 0 0 0 Cheng GONG Parameter cnst_CO@ Train cnst_CO@ Air cnst_CO@ Bus INCOME_ CO@Train INCOME_ CO@Air INCOME_ CO@Bus COST FREQ GRPSIZE Time Table 5.7 Estimation of no fixed model InitValue FinalValue StdError t-Stat NullValue 0 -2.4089 0.22067 -10.917 0 0 -4.4911 0.92124 -4.8751 0 0 -1.0534 0.27066 -3.892 0 0 -1.97E-05 4.47E-06 -4.4092 0 0 1.17E-05 9.19E-06 1.2725 0 0 -3.80E-05 6.99E-06 -5.4284 0 0 0 0 0 -3.88E-06 0.011432 -0.00034 0 1.43E-05 0.010596 0.001351 0 1.52E-21 7.06E+13 2.16E-35 0 0.001299 -0.08503 0 0.0001104 9 Log Likelihood at Convergence -1219.33324 Log Likelihood at Null Parameters -3582.76946 Compared the log likelihood of the dummy variables Table 5.8 Hypothesis test between two models Variables Test for Hypothesis Ho Log-Likelihood of Unrestricted -1147.0447 Model Log-Likelihood of restricted -1219.33324 Model Test Statistics (-2(LLr-Llu)) 144.57708 Number of Restriction 12 Critical Chi-Spqured Value 7.11731E-25 Also, the 0.01 significance level under freedom 12 is 26.217, which is much less than 144.577. It means that we have a highly confidence to reject the hypothesis. The segment model is better than original one. 6. Identify a preferred model Conclude what we have done in these 5 questions. We add income, separated time into in and out of vehicle time gender(use air as a base) to build M9 first for a basic model. Cheng GONG Parameter cnst_CO @Train cnst_CO @Car cnst_CO @Bus INCOME _CO@Tra in INCOME _CO@Car INCOME _CO@Bus GENDER _CO@Tra in GENDER _CO@Car GENDER _CO@Bus COST Table 6.1 Estimate the model M9 (basic model) InitValue FinalValue StdError t-Stat NullValue 0 2.1217 0.8221 2.5809 0 OVTT IVTT Log Likelihood at Convergence Log Likelihood at constant Log Likelihood at Null Parameters 0 3.2275 0.87695 3.6804 0 0 3.467 0.83893 4.1326 0 0 -2.82E-05 1.04E-05 -2.7056 0 0 -8.05E-06 9.20E-06 -0.87529 0 0 -4.88E-05 1.04E-05 -4.6988 0 0 0.62513 0.41387 1.5104 0 0 -0.35556 0.36742 -0.96773 0 0 0.67891 0.40292 1.685 0 0 0.0054925 -0.020985 0.0077594 0.009515 -0.57724 0 0.002785 0.001228 -7.5347 -6.3177 0 0 0 0 -1144.31176 -1190.04630 -3582.76946 Transform INCOME to LOGINCOME, add DRIVETIME, add FREQ1 to M10. Table 6.2 Estimates of Model M10 Parameter InitValue FinalValue StdError t-Stat NullValue cnst_CO@ 0 6.9762 3.5607 1.9592 0 Train cnst_CO@ 0 3.1796 3.4674 0.917 0 Car cnst_CO@ 0 10.997 3.5274 3.1176 0 Bus LOGINCO 0 -0.50437 0.31728 -1.5897 0 ME_CO@ Cheng GONG Train LOGINCO ME_CO@ Car LOGINCO ME_CO@ Bus GENDER_ CO@Train GENDER_ CO@Car GENDER_ CO@Bus COSTLNI NC OVTT IVTT DRIVETI ME FREQ Log Likelihood at Convergence Log Likelihood at constant Log Likelihood at Null Parameters 0 0.068616 0.29969 0.22896 0 0 -0.87556 0.31105 -2.8148 0 0 0.67512 0.41661 1.6205 0 0 -0.28896 0.37068 -0.77954 0 0 0.74384 0.40663 1.8293 0 0 -0.061978 0.11873 -0.52199 0 0 0 0 -0.02031 -0.0056146 0.13969 0.002908 0.00147 1.26E+12 -6.9849 -3.8183 1.11E-13 0 0 0 0 0.054966 0.009576 5.74 0 -1122.58621 -1187.40705 -3582.76946 Transform COST into COSTLNINCK, delete GENDER, add LCITY to M11 Table 6.3 Estimates of model M11 Parameter InitValue FinalValue StdError t-Stat NullValue cnst_CO@T 0 8.1766 4.3317 1.8876 rain cnst_CO@ 0 3.8704 4.4856 0.86286 Car cnst_CO@ 0 12.55 4.3455 2.888 Bus LOGINCO 0 -0.54671 0.38108 -1.4346 ME_CO@T rain LOGINCO 0 0.030306 0.38703 0.078303 ME_CO@C ar LOGINCO 0 -0.94764 0.37925 -2.4987 ME_CO@B us 0 0 0 0 0 0 Cheng GONG COSTLNIN CK OVTT IVTT DRIVETIM E FREQ LCITY Log Likelihood at Convergence Log Likelihood at constant Log Likelihood at Null Parameters 0 -7.81E-07 0.029545 -2.64E-05 0 0 0 0 -0.020115 -0.0057088 -0.81041 0.002862 0.001432 1.26E+12 -7.0293 -3.9875 -6.42E-13 0 0 0 0 0 0.054387 132.38 0.009381 4.91E+14 5.7975 2.70E-13 0 0 -1151.99741 -1215.94945 -3582.76946 Use Excel to do the non-nested hypothesis: Table 6.4 Non-nested hypothesis LL(S) DoF(S) RS(S) LL(I) 1122.58621 1122.58621 17 0.68429831 5 14 0.68471698 6 RS(I) ST LoS 0.6799765 77 5.5648522 0.6786530 86 6.5917448 4 DoF(I ) -1138.07 17 1144.3117 6 14 1.312E-08 2.173E-11 We can have a very high significance to reject the hypothesis. It means that, compared with the basic model, this one is much better, which I choose it to be the preferred model.
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Northwestern - CIVIL - 480
Assignment 4Explore the data, using relevant tools.(1)I use crosstab in Excel. As I notice that this data contains both the alternatives andpurpose of the trips, I use income as a constraint to analysis between differentpurposes of trips compared wit
Texas A&M - MATH - 166
LOGIC1.Whichofthefollowingarestatements? Mathishard. Therewasmeasurablerainfallyesterdayattheairport. Howhotisit?2.Translatethesentenceintosymbolicform:Thefoodissweetanditisnotspicy.3.Writeatruthtable
Texas A&M - MATH - 166
BASICPROBABILITY1.Acuphasonegold,onesilverandonebronzecoininit.Asinglecoinischosenatrandomfromthecup.Howmanyeventsforthisexperimentcontainagoldorsilvercoin?2.AletterischosenatrandomfromthewordWOOD.Ho
Texas A&M - MATH - 166
CONDITIONALPROBABILTY1.Themanagementofacompanyfindsthat30%ofthesecretarieshiredareunsatisfactory.Atestiscreatedtohelpscreensecretarialapplicants.Onehundredemployedsecretariesarechosenatrandomandaregiventhenewtes
Texas A&M - ECON - 445
1Chapter 4. Characteristics of the Opportunity Set Under RiskDecision Under CertaintyAn economic decision always involves the set of choices (opportunity set) and preference of the decisionmaker over those choices. In microeconomics, you learned the d
Texas A&M - ECON - 445
5How do we find the equilibrium?Assume that the utility function is a Cobb-Douglas utility functionwhere A,andare preference parameters that are given.Method 1. Trial and error(i) Choose a range of(ii) Pick a value of. In the example, this will b
Texas A&M - ECON - 445
7Random Rate of ReturnWhen the return (or rate of return) is random, its exact value is unknown in advance though its probabilitydistribution is known. If even the probability distribution is unknown, we call it uncertain return.In previous example, i
Texas A&M - ECON - 445
11Insurance PremiumThe case considered above involves a potential loss as well as a potential gain. The case of insurance, on theother hand, involves only a potential loss. Let the current value of your property be. You face a chanceto incur a loss o
Texas A&M - ECON - 445
17Opportunity Set: Portfolio Possibility Curve (PPC)We have an initial investment fundand allocate it to different assets. Letbe invested in the risk-free asset, and,be the fraction of fund to, etc. be the fractions to be invested in risky assets 1
Texas A&M - ECON - 445
21Case 2. Two risky assetsFollowing the same procedure as in case 1, we allocatefraction of fund to risky asset 1 andfractionof fund to risky asset 2. The rate of return on portfolio isand its mean and variance areBoth the mean and variance are aff
Texas A&M - ECON - 445
28Case 3. Efficient Frontier with one Riskess Asset and two Risky AssetsThe efficient frontier discussed in case 2 considers only risky assets. What if we can include a riskless (riskfree) asset such as Treasury notes in the portfolio?Letbe the yield
Texas A&M - ECON - 445
36Portfolio Frontier of Many AssetsWhen there are more than two assets, it is extremely tedious to derive and express the portfolio possibilitycurve by the methods described above. It is much more convenient to use linear algebra to do this. It require
Texas A&M - ECON - 445
41Portfolio Frontier with a Risk-Free AssetSuppose there is a risk-free asset with the rate of return :0. A portfolio consists of a risk free asset and n riskyassets with weightsand, where w is an nx1 vector of weights on the risky assets and. Thee
Texas A&M - ECON - 445
44AppendixNormal Distribution:,Moment Generating Function (MGF):Constant Absolute Risk Aversion utility functionMaximization ofis equivalent to the minimization ofequivalent to the maximization of, which is45Log-Normal distribution:Y is distri
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson1WhatIsaComputer?ObjectivesDefineacomputer. Identifyhowcomputersareusedinourdailylives. Comparethetypesofcomputers. Listthepartsofacomputersystem. ExplainhowtheInternet,t
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson2HowDoesaComputerProcessData?ObjectivesIdentifycomputersystemcomponents. ExplainhowtheCPUworks. DifferentiatebetweenRAMandROM. Describehowdataisrepresented.How Does a Com
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson3HowDoIInputDataandOutputandStoreInformation?ObjectivesIdentifyanddescribethemostcommoninputdevices.Identifyanddescribethemostcommonoutputdevices.Identifyanddescribehowin
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson4WhatIsSoftware?ObjectivesDistinguishbetweensoftwareandhardware.Describethedifferencebetweenapplicationssoftwareandsystemssoftware.Describethethreecategoriesofsystemprogra
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson6HowCanIUseTechnologytoSolveaProblem?ObjectivesDefineproblemsolving. Identifytechnologytoolsforsolvingproblems. Identifyproblemsolvingsteps. Explainhowotherformsoftechnol
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson7HowIsTechnologyChangingtheWorkplaceandSociety?ObjectivesDescribetheimpactoftechnologyoneducation. Describetheimpactoftechnologyonscienceandmedicine. Describetheimpactoft
Moraine Valley Community College - IMS - 101
Rail Trail MileageFive-State AreaKeyStateTrailsOhioMichiganKentuckyIndianaWest VirginiaMiles389321351Trails3081122455376Miles5341153423608531213478446
Moraine Valley Community College - IMS - 101
Press Release For Immediate Release Date: Headline: Body: The final planned section of the Little Miami Scenic Trail, from Yellow Springs to Springfield, is open for riding, skating, horseback riding, and walking. The Little Miami rail trail is a paved tr
Moraine Valley Community College - IMS - 101
SR 53I-75I-71I-275
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson1WhatIsaComputer?ObjectivesDefineacomputer. Identifyhowcomputersareusedinourdailylives. Comparethetypesofcomputers. Listthepartsofacomputersystem. ExplainhowtheInternet,t
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson2HowDoesaComputerProcessData?ObjectivesIdentifycomputersystemcomponents. ExplainhowtheCPUworks. DifferentiatebetweenRAMandROM. Describehowdataisrepresented.How Does a Com
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson3HowDoIInputDataandOutputandStoreInformation?ObjectivesIdentifyanddescribethemostcommoninputdevices.Identifyanddescribethemostcommonoutputdevices.Identifyanddescribehowin
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson4WhatIsSoftware?ObjectivesDistinguishbetweensoftwareandhardware.Describethedifferencebetweenapplicationssoftwareandsystemssoftware.Describethethreecategoriesofsystemprogra
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson5WhatBasicSkillsDoINeedtoUsetheComputer?ObjectivesDescribeagraphicaluserinterface.Startandshutdownagraphicaluserinterface.Openandcloseawindow.Formatadisk.Createfilesandfo
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson6HowCanIUseTechnologytoSolveaProblem?ObjectivesDefineproblemsolving. Identifytechnologytoolsforsolvingproblems. Identifyproblemsolvingsteps. Explainhowotherformsoftechnol
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson7HowIsTechnologyChangingtheWorkplaceandSociety?ObjectivesDescribetheimpactoftechnologyoneducation. Describetheimpactoftechnologyonscienceandmedicine. Describetheimpactoft
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson8IntroductiontoWindowsXPProfessionalObjectivesDescribethegeneralfeaturesofWindowsXP. StartWindows. ExaminetheelementsoftheWindowsopeningscreen. Useamousetomovearoundthe
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson9ManipulatingWindowsObjectivesIdentifypartsofthewindow. Open,move,resize,minimize,maximize,andrestorewindows. Workwithmenusandmenuelements. Workwithdialogboxes. Manipulat
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson10GettingHelpObjectivesStarttheWindowsHelpandSupportsystem.LocatehelptopicsusingtheHelpandSupportCenter,theIndex,andtheSearchbox.AddtopicstoanddeletetopicsfromaFavoriteslis
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson11CustomizingtheDesktopObjectivesApplyapredefinedthemetothedesktop. ChangetheWindowsdesktopbackground. Useagraphicfileasadesktopbackground. Customizetheiconsonthedesktop.
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson12IntroducingMyComputerObjectivesStartandexitMyComputer. SetMyComputeroptions. CustomizetheStandardtoolbar. Accessdiskdrivesandviewtheircontents. Identifyobjecticons.Int
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson13WorkingwithDisks,Folders,andFilesObjectivesFormatafloppydisk.Magneticallylabelafloppydisk.UseDiskCleanuptoclearyourdiskofunnecessaryfiles.RuntheDiskDefragmenter.Createf
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationComputingFundamentalsLesson14UsingShortcutsandWindowsExplorerObjectivesExplainwhatashortcutisandhowitisused. CreateashortcutusingdraganddropandusingtheFilemenu. Assignashortcutkeytoashortcut. Dele
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationKeyApplicationsLesson15WorkingwithAccessDatabasesObjectivesIdentifythepartsoftheAccessscreen.Understandthepurposeofthedatabaseobjects.Createatableusingawizard.Enterrecordsindatasheetview.Changethe
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationKeyApplicationsLesson16EditingRecordsandUsingFormsObjectivesEditrecordsinDatasheetview.AddanddeleterecordsinDatasheetview.Cut,copy,andpastedatainDatasheetview.Changethedatasheetlayout.Hidecolumnsin
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationKeyApplicationsLesson17OrderingandFindingDataandCreatingReportsandMailingLabelsObjectives SortdatainDatasheetview. FindandreplacedatainDatasheetview. Createaquery. Createareport. Createmailinglab
Moraine Valley Community College - IMS - 101
IC3BASICS,InternetandComputingCoreCertificationKeyApplicationsLesson18WorkingwithOutlookObjectives IdentifythepartsoftheOutlookscreen. Scheduleandmanageappointments. Createandmanagecontacts. Organizeandmanagetasks. Sendandreceiveemail.Working w
Moraine Valley Community College - IMS - 101
National Wildlife RefugeMassassoit, MarylandMassassoit National Wildlife Refuge is administered by the U.S. Fish and Wildlife Service and isone of 500 such refuges in the National Wildlife Refuge System. This system is a network oflands and waters man
Moraine Valley Community College - IMS - 101
The Top of the WorldGetting to the summit is optional;getting down is mandatoryEd ViestursStatistics Everest is 29,035 feet high. Everest is moving northeast at a rate of 2.4inches a year. Temperatures can fall below -60F. Wind speeds can approac
Moraine Valley Community College - IMS - 101
QBASICOverview of theProgramming Language1QBASICQBASIC is a programminglanguage written for computersback in 1975, by Bill Gates andPaul Allen, and has been theaccepted standard ever since.Why? Because of its ease of use,its English-like comman
Moraine Valley Community College - MIS - 108
Unit A -Understanding Internet BasicsA-01Unit A -Understanding Internet BasicsA-02Unit A -Understanding Internet BasicsA-03Unit A -Understanding Internet BasicsA-04Unit A -Understanding Internet BasicsA-05Unit A -Understanding Internet BasicsTa
Moraine Valley Community College - MIS - 108
Unit D - Understanding Browser BasicsD-01Unit D - Understanding Browser BasicsD-02aUnit D - Understanding Browser BasicsD-02bUnit D - Understanding Browser BasicsD-03Unit D - Understanding Browser BasicsD-04Unit D - Understanding Browser Basics
Moraine Valley Community College - MIS - 108
Unit E - Searching the WebE-01Unit E - Searching the WebE-02Unit E - Searching the WebE-03Unit E - Searching the WebE-04Unit E - Searching the WebE-05Unit E - Searching the WebTable E-01Unit E - Searching the WebE-06Unit E - Searching the We
Moraine Valley Community College - MIS - 108
Unit F - Getting Information from the WebF-01Unit F - Getting Information from the WebF-02Unit F - Getting Information from the WebF-03Unit F - Getting Information from the WebF-04Unit F - Getting Information from the WebF-05Unit F - Getting Inf
Moraine Valley Community College - MIS - 108
Unit H - Using Advanced E-Mail and Communication ToolsH-01Unit H - Using Advanced E-Mail and Communication ToolsH-02Unit H - Using Advanced E-Mail and Communication ToolsH-03Unit H - Using Advanced E-Mail and Communication ToolsH-04Unit H - Using
Moraine Valley Community College - MIS - 108
Unit I - Downloading Programs and FilesI-01Unit I - Downloading Programs and FilesI-02Unit I - Downloading Programs and FilesI-03Unit I - Downloading Programs and FilesI-04Unit I - Downloading Programs and Files Table I-01Unit I - Downloading Pro
Moraine Valley Community College - MIS - 108
Unit J - Increasing Web Browser Capabilities and SecurityJ-01Unit J - Increasing Web Browser Capabilities and SecurityJ-02Unit J - Increasing Web Browser Capabilities and SecurityJ-03Unit J - Increasing Web Browser Capabilities and SecurityJ-04Uni
Oregon - DSC - 335
DSC 335 Operations ManagementSolution to Homework Assignment #1Problem 11) The estimate of capacity requirement (# lathes required to meet demand for both A and B)Where DA=4000, pA=2.5, QA=80 and sA=18; DB=12000, pB=2, QB=150 and sB=24; C=25.M=12.27.
Oregon - DSC - 335
Homework Assignment #1DSC 335, Fall 2011Due date: Oct. 25th, Tuesday.Policy: You may work in group of up to four students. Your homework group need not be thesame as your course activity group. Each homework group hands in one copy.1. (Estimating cap
Oregon - DSC - 335
Homework Assignment #2DSC 335Due date: November 17th, Thursday.Policy: You may work in a group of up to five students. Your homework group need not be thesame as your course activity group. Each homework group hands in one copy.Problems from the text
Oregon - DSC - 335
DSC 335 Operations ManagementInstructor: Zhibin YangAssistant ProfessorDecision Sciences DepartmentDSC 3351DSC 335 RoadmapOperations StrategyDecision Making ToolsProcess strategy/analysisCapacity analysis/planningProcess ManagementLittlefield
Oregon - DSC - 335
DSC 335 Operations ManagementInstructor: Zhibin YangAssistant ProfessorDecision Sciences DepartmentDSC 3351DSC 335 RoadmapOperations StrategyDecision Making ToolsProcess strategy/analysisCapacity analysis/planningProcess ManagementLittlefield
Oregon - DSC - 335
DSC 335 Operations ManagementInstructor: Zhibin YangAssistant ProfessorDecision Sciences DepartmentDSC 3351ReviewqWhats Operations Management?Process viewq Supply chain viewq Manufacturing vs. service processesqqOperation strategyqDSC 335
Oregon - DSC - 335
DSC 335 Operations ManagementInstructor: Zhibin YangAssistant ProfessorDecision Sciences DepartmentDSC 3351Southwest AirlinesqqqOne of the most profitable AirlinesLowest customer complaints (delay, lost luggage, etc.)Turnaround time = 25 minut
Oregon - DSC - 335
DSC 335 Operations ManagementInstructor: Zhibin YangAssistant ProfessorDecision Sciences DepartmentDSC 3351DSC 335 RoadmapOperations StrategyDecision Making ToolsProcess strategy/analysisCapacity analysis/planningProcess ManagementLittlefield
Oregon - DSC - 335
Inventory Management 2DSC 335Zhibin YangAssistant Professor, DecisionSciencesDSC 3351DSC 335 RoadmapOperations StrategyDecision Making ToolsProcess strategy/analysisCapacity analysis/planningProcess ManagementLittlefield Game 1Waiting line m
Oregon - DSC - 335
Lean SystemJust-in-Time and Toyota Production SystemDSC 335Zhibin YangAssistant Professor, DecisionSciencesDSC 3351OutlineqIntroduction to Toyota Production SystemqJust-in-Time (JIT), pull system, and Kanban systemqAnalysis of Kanban (and pu