1)Use the following information to estimate a travel cost model. The travel cost regression equation is shown at the bottom of the tables. Let the visitation fee be $20. Calculate the number of visitors. Show your work.

This table gives the visitation rates from, and population in, each zone.

Zone	Total Visits/Year	Zone Population	Visits/1000
0	400	1000	400
1	500	2000	250
2	600	4000	150
3	600	8000	75
Beyond 3	0
Total Visits	2100

This table gives the travel costs. Assume that travel time is worth $10.00 per hour. Assume that the estimated visitation regression is:

Visits/1,000 = 374 - 3.899*Travel Cost

Zone	Round Trip Travel Distance (miles)	Round Trip Travel Time (minutes)	Distance times Cost/Mile ($.30)	Travel Time times Cost/Minute ($?)	Total Travel Cost/Trip	Total Travel Cost/Trip +$20 fee	Visits/ 1,000	Total visits
0	0	0	0	0
1	40	60
2	80	120
3	160	240