Regression Model Formulation for Yield Calculator

✖Regression Coefficient a of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient a [a₀]			+10% -10%
✖Jet Fuel Price for airline aircraft utilization means the price of the respective fuel as calculated pursuant sections.ⓘ Jet Fuel Price [JF]			+10% -10%
✖Regression Coefficient a1 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient a1 [a₁]			+10% -10%
✖Airline Industry Wages for airline aircraft utilization are wages paid for all occupations within an industry.ⓘ Airline Industry Wages [W]			+10% -10%
✖Regression Coefficient a2 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient a2 [a₂]			+10% -10%
✖Air Transport Movement per Aircraft, An air transport movement is a landing or take-off of an aircraft operating a scheduled or non-scheduled service.ⓘ Air Transport Movement per Aircraft [ATM]			+10% -10%
✖Regression Coefficient a3 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient a3 [a₃]			+10% -10%

✖Yield of Aircraft expressed as revenue per passenger mile per kilometer.ⓘ Regression Model Formulation for Yield [Y]

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Formula

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Regression Model Formulation for Yield

Formula

`"Y" = "a"_{"0"}+("JF"*"a"_{"1"})+("W"*"a"_{"2"})+("ATM"*"a"_{"3"})`

Example

`"45010.5"="10.5"+("1000"*"4")+("5000"*"8")+("100"*"10")`

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Regression Model Formulation for Yield Solution

STEP 0: Pre-Calculation Summary

Formula Used

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)
Y = a₀+(JF*a₁)+(W*a₂)+(ATM*a₃)
This formula uses 8 Variables

Variables Used

Yield of Aircraft - Yield of Aircraft expressed as revenue per passenger mile per kilometer.
Regression Coefficient a - Regression Coefficient a of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.
Jet Fuel Price - Jet Fuel Price for airline aircraft utilization means the price of the respective fuel as calculated pursuant sections.
Regression Coefficient a1 - Regression Coefficient a1 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.
Airline Industry Wages - Airline Industry Wages for airline aircraft utilization are wages paid for all occupations within an industry.
Regression Coefficient a2 - Regression Coefficient a2 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.
Air Transport Movement per Aircraft - Air Transport Movement per Aircraft, An air transport movement is a landing or take-off of an aircraft operating a scheduled or non-scheduled service.
Regression Coefficient a3 - Regression Coefficient a3 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

STEP 1: Convert Input(s) to Base Unit

Regression Coefficient a: 10.5 --> No Conversion Required
Jet Fuel Price: 1000 --> No Conversion Required
Regression Coefficient a1: 4 --> No Conversion Required
Airline Industry Wages: 5000 --> No Conversion Required
Regression Coefficient a2: 8 --> No Conversion Required
Air Transport Movement per Aircraft: 100 --> No Conversion Required
Regression Coefficient a3: 10 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

Y = a₀+(JF*a₁)+(W*a₂)+(ATM*a₃) --> 10.5+(1000*4)+(5000*8)+(100*10)

Evaluating ... ...

Y = 45010.5

STEP 3: Convert Result to Output's Unit

45010.5 --> No Conversion Required

FINAL ANSWER

45010.5 <-- Yield of Aircraft

(Calculation completed in 00.004 seconds)

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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

Regression Model Formulation for Yield Formula

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 Regression Model Formulation for Yield?

Regression Model Formulation for Yield calculator uses 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) to calculate the Yield of Aircraft, The Regression Model Formulation for Yield is defined as revenue per passenger mile per kilometer. The independent variables of its regression model are airline aircraft utilization, airline operating and labor costs, and aircraft fuel cost. Yield of Aircraft is denoted by Y symbol.

How to calculate Regression Model Formulation for Yield using this online calculator? To use this online calculator for Regression Model Formulation for Yield, enter Regression Coefficient a (a₀), Jet Fuel Price (JF), Regression Coefficient a1 (a₁), Airline Industry Wages (W), Regression Coefficient a2 (a₂), Air Transport Movement per Aircraft (ATM) & Regression Coefficient a3 (a₃) and hit the calculate button. Here is how the Regression Model Formulation for Yield calculation can be explained with given input values -> 45010.5 = 10.5+(1000*4)+(5000*8)+(100*10).

FAQ

What is Regression Model Formulation for Yield?

The Regression Model Formulation for Yield is defined as revenue per passenger mile per kilometer. The independent variables of its regression model are airline aircraft utilization, airline operating and labor costs, and aircraft fuel cost and is represented as Y = a₀+(JF*a₁)+(W*a₂)+(ATM*a₃) or 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). Regression Coefficient a of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response, Jet Fuel Price for airline aircraft utilization means the price of the respective fuel as calculated pursuant sections, Regression Coefficient a1 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response, Airline Industry Wages for airline aircraft utilization are wages paid for all occupations within an industry, Regression Coefficient a2 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response, Air Transport Movement per Aircraft, An air transport movement is a landing or take-off of an aircraft operating a scheduled or non-scheduled service & Regression Coefficient a3 of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

How to calculate Regression Model Formulation for Yield?

The Regression Model Formulation for Yield is defined as revenue per passenger mile per kilometer. The independent variables of its regression model are airline aircraft utilization, airline operating and labor costs, and aircraft fuel cost is calculated using 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). To calculate Regression Model Formulation for Yield, you need Regression Coefficient a (a₀), Jet Fuel Price (JF), Regression Coefficient a1 (a₁), Airline Industry Wages (W), Regression Coefficient a2 (a₂), Air Transport Movement per Aircraft (ATM) & Regression Coefficient a3 (a₃). With our tool, you need to enter the respective value for Regression Coefficient a, Jet Fuel Price, Regression Coefficient a1, Airline Industry Wages, Regression Coefficient a2, Air Transport Movement per Aircraft & Regression Coefficient a3 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 Regression Coefficient a, Jet Fuel Price, Regression Coefficient a1, Airline Industry Wages, Regression Coefficient a2, Air Transport Movement per Aircraft & Regression Coefficient a3. We can use 1 other way(s) to calculate the same, which is/are as follows -

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

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