Multiday Samples, Parameter Estimation Precision, and Data Collection Costs for Least Squares Regression Trip-Generation Models

@inproceedings{Pas1986MultidaySP,
  title={Multiday Samples, Parameter Estimation Precision, and Data Collection Costs for Least Squares Regression Trip-Generation Models},
  author={Eric I. Pas},
  year={1986}
}
In this paper it is shown that substantial benefits may be achieved by employing a multiday sample in least squares estimation of linear regression models of travel behaviour. Specifically, by using a multiday sample one can reduce data collection costs while maintaining a given level of precision in the parameter estimates, or one can obtain improved precision in the parameter estimates for a given data collection cost. Furthermore there is an optimal length of observation period that either… CONTINUE READING

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