Real Yield given Revenue Passenger Miles Solution

STEP 0: Pre-Calculation Summary
Formula Used
Yield of Aircraft = (Revenue Passenger Miles-Regression Coefficient b-(Real Gross National Product*Regression Coefficient d))/Regression Coefficient
Y = (RPM-b0-(GNP*d))/c
This formula uses 6 Variables
Variables Used
Yield of Aircraft - Yield of Aircraft expressed as revenue per passenger mile per kilometer.
Revenue Passenger Miles - Revenue Passenger Miles is a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic.
Regression Coefficient b - Regression Coefficient b of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.
Real Gross National Product - Real Gross National Product is the total value of all finished goods and services produced by a country's citizens in a given financial year, irrespective of their location.
Regression Coefficient d - Regression Coefficient d of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.
Regression Coefficient - Regression Coefficient of model formulation are estimates of the unknown parameters and describe the relationship between a predictor variable and the response.
STEP 1: Convert Input(s) to Base Unit
Revenue Passenger Miles: 36100.01 --> No Conversion Required
Regression Coefficient b: 0.01 --> No Conversion Required
Real Gross National Product: 460 --> No Conversion Required
Regression Coefficient d: 0.21 --> No Conversion Required
Regression Coefficient: 0.8 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
Y = (RPM-b0-(GNP*d))/c --> (36100.01-0.01-(460*0.21))/0.8
Evaluating ... ...
Y = 45004.25
STEP 3: Convert Result to Output's Unit
45004.25 --> No Conversion Required
FINAL ANSWER
45004.25 <-- Yield of Aircraft
(Calculation completed in 00.004 seconds)

Credits

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Created by Mithila Muthamma PA
Coorg Institute of Technology (CIT), Coorg
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National Institute of Technology Karnataka (NITK), Surathkal
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Regression Model Formulation for Yield
​ Go Yield of Aircraft = Regression Coefficient a+(Jet Fuel Price*Regression Coefficient a1)+(Airline Industry Wages*Regression Coefficient a2)+(Air Transport Movement per Aircraft*Regression Coefficient a3)
Air Transport Movement per Aircraft
​ Go Air Transport Movement per Aircraft = (Yield of Aircraft-Regression Coefficient a-(Jet Fuel Price*Regression Coefficient a1)-(Airline Industry Wages*Regression Coefficient a2))/Regression Coefficient a3
Jet Fuel Price given Yield
​ Go Jet Fuel Price = (Yield of Aircraft-Regression Coefficient a-(Airline Industry Wages*Regression Coefficient a2)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a1
Airline Industry Wages
​ Go Airline Industry Wages = (Yield of Aircraft-Regression Coefficient a-(Jet Fuel Price*Regression Coefficient a1)-(Air Transport Movement per Aircraft*Regression Coefficient a3))/Regression Coefficient a2
Real Yield given Revenue Passenger Miles
​ Go Yield of Aircraft = (Revenue Passenger Miles-Regression Coefficient b-(Real Gross National Product*Regression Coefficient d))/Regression Coefficient
Real Gross National Product
​ Go Real Gross National Product = (Revenue Passenger Miles-Regression Coefficient b-(Yield of Aircraft*Regression Coefficient))/Regression Coefficient d
Revenue Passenger Miles
​ Go Revenue Passenger Miles = Regression Coefficient b+(Real Gross National Product*Regression Coefficient d)+(Yield of Aircraft*Regression Coefficient)
Passenger Enplanements
​ Go Domestic Passenger Enplanement = Revenue Passenger Miles/(Average Trip Length)
Revenue Passenger Miles given Passenger Enplanements
​ Go Revenue Passenger Miles = Domestic Passenger Enplanement*Average Trip Length
Average Trip Length given Passenger Enplanements
​ Go Average Trip Length = Revenue Passenger Miles/Domestic Passenger Enplanement

Real Yield given Revenue Passenger Miles Formula

Yield of Aircraft = (Revenue Passenger Miles-Regression Coefficient b-(Real Gross National Product*Regression Coefficient d))/Regression Coefficient
Y = (RPM-b0-(GNP*d))/c

What is Revenue Passenger Mile (RPM)?

A Revenue Passenger Mile (RPM) is a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic. Revenue passenger miles are calculated by multiplying the number of paying passengers by the distance traveled.

How to Calculate Real Yield given Revenue Passenger Miles?

Real Yield given Revenue Passenger Miles calculator uses Yield of Aircraft = (Revenue Passenger Miles-Regression Coefficient b-(Real Gross National Product*Regression Coefficient d))/Regression Coefficient to calculate the Yield of Aircraft, Real Yield given Revenue Passenger Miles is expressed as revenue per passenger mile per kilometer. Yield of Aircraft is denoted by Y symbol.

How to calculate Real Yield given Revenue Passenger Miles using this online calculator? To use this online calculator for Real Yield given Revenue Passenger Miles, enter Revenue Passenger Miles (RPM), Regression Coefficient b (b0), Real Gross National Product (GNP), Regression Coefficient d (d) & Regression Coefficient (c) and hit the calculate button. Here is how the Real Yield given Revenue Passenger Miles calculation can be explained with given input values -> 45004.25 = (36100.01-0.01-(460*0.21))/0.8.

FAQ

What is Real Yield given Revenue Passenger Miles?
Real Yield given Revenue Passenger Miles is expressed as revenue per passenger mile per kilometer and is represented as Y = (RPM-b0-(GNP*d))/c or Yield of Aircraft = (Revenue Passenger Miles-Regression Coefficient b-(Real Gross National Product*Regression Coefficient d))/Regression Coefficient. Revenue Passenger Miles is a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic, Regression Coefficient b of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response, Real Gross National Product is the total value of all finished goods and services produced by a country's citizens in a given financial year, irrespective of their location, Regression Coefficient d of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response & Regression Coefficient of model formulation are estimates of the unknown parameters and describe the relationship between a predictor variable and the response.
How to calculate Real Yield given Revenue Passenger Miles?
Real Yield given Revenue Passenger Miles is expressed as revenue per passenger mile per kilometer is calculated using Yield of Aircraft = (Revenue Passenger Miles-Regression Coefficient b-(Real Gross National Product*Regression Coefficient d))/Regression Coefficient. To calculate Real Yield given Revenue Passenger Miles, you need Revenue Passenger Miles (RPM), Regression Coefficient b (b0), Real Gross National Product (GNP), Regression Coefficient d (d) & Regression Coefficient (c). With our tool, you need to enter the respective value for Revenue Passenger Miles, Regression Coefficient b, Real Gross National Product, Regression Coefficient d & Regression Coefficient and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
How many ways are there to calculate Yield of Aircraft?
In this formula, Yield of Aircraft uses Revenue Passenger Miles, Regression Coefficient b, Real Gross National Product, Regression Coefficient d & Regression Coefficient. We can use 1 other way(s) to calculate the same, which is/are as follows -
  • Yield of Aircraft = Regression Coefficient a+(Jet Fuel Price*Regression Coefficient a1)+(Airline Industry Wages*Regression Coefficient a2)+(Air Transport Movement per Aircraft*Regression Coefficient a3)
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