First, use binary logit model to find the trips when there is only car and
bus.
Then, again use binary logit model to find the trips when there is only car and
train.
Finally compare both and see which alternative carry maximum trips.
Cost of travel by car=
= 6.85
Cost of travel by bus=
= 4.09
Cost of travel by trai=
= 2.96
Case 1: Considering introduction of bus,
Probability of choosing car,
= 0.059
Probability of choosing bus,
= 0.9403
Case 2: Considering introduction of train,
Probability of choosing car
= 0.02003
Probability of choosing train
= 0.979
Trips carried by each mode
Case 1:
= 42000.0596 = 250.32
= 42000.9403 = 3949.546
Case 2:
= 42000.02 = 84.00
= 42000.979 = 4115.8
Hence train will attract more trips, if it is introduced.