Extrapolating Automobile Usage Data to Long Time Periods

Abraham D. Horowitz and Carlos F. Daganzo
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Abraham D. Horowitz: General Motors Research Laboratories, Warren, Michigan
Carlos F. Daganzo: University of California, Berkeley, California

Transportation Science, 1986, vol. 20, issue 1, 48-51

Abstract: This study illustrates a statistical procedure that can be used to estimate the fraction of a given population experiencing a “rare” event during a long time period, given a few days of observation. In an automobile usage context, the rare event could be the occurrence of an automobile occupancy of four or more persons and/or a travel distance of 100 miles or more on any given day. The technique, which can be important for the design of durable goods, is illustrated with four numerical examples.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:20:y:1986:i:1:p:48-51

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