Real Gross National Product Calculator

✖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.ⓘ Revenue Passenger Miles [RPM]			+10% -10%
✖Regression Coefficient b of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.ⓘ Regression Coefficient b [b₀]			+10% -10%
✖Yield of Aircraft expressed as revenue per passenger mile per kilometer.ⓘ Yield of Aircraft [Y]			+10% -10%
✖Regression Coefficient of model formulation are estimates of the unknown parameters and describe the relationship between a predictor variable and the response.ⓘ Regression Coefficient [c]			+10% -10%
✖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 d [d]			+10% -10%

✖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.ⓘ Real Gross National Product [GNP]

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Formula

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Real Gross National Product

Formula

GNP = \frac{RPM - b 0 - (Y \cdot c)}{d}

Example

438.0952 = \frac{36100.01 - 0.01 - (45010 \cdot 0.8)}{0.21}

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Real Gross National Product Solution

STEP 0: Pre-Calculation Summary

Formula Used

Real Gross National Product = (Revenue Passenger Miles-Regression Coefficient b-(Yield of Aircraft*Regression Coefficient))/Regression Coefficient d
GNP = (RPM-b₀-(Y*c))/d
This formula uses 6 Variables

Variables Used

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.
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.
Yield of Aircraft - Yield of Aircraft expressed as revenue per passenger mile per kilometer.
Regression Coefficient - Regression Coefficient of model formulation are estimates of the unknown parameters and describe the relationship between a predictor variable and the response.
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.

STEP 1: Convert Input(s) to Base Unit

Revenue Passenger Miles: 36100.01 --> No Conversion Required
Regression Coefficient b: 0.01 --> No Conversion Required
Yield of Aircraft: 45010 --> No Conversion Required
Regression Coefficient: 0.8 --> No Conversion Required
Regression Coefficient d: 0.21 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

GNP = (RPM-b₀-(Y*c))/d --> (36100.01-0.01-(45010*0.8))/0.21

Evaluating ... ...

GNP = 438.095238095238

STEP 3: Convert Result to Output's Unit

438.095238095238 --> No Conversion Required

FINAL ANSWER

438.095238095238 ≈ 438.0952 <-- Real Gross National Product

(Calculation completed in 00.004 seconds)

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Created by Mithila Muthamma PA

Coorg Institute of Technology (CIT), Coorg

Mithila Muthamma PA has created this Calculator and 2000+ more calculators!

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National Institute of Technology Karnataka (NITK), Surathkal

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< Integrated Demand Forecast Framework Calculators

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 Gross National Product Formula

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

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 Gross National Product?

Real Gross National Product calculator uses Real Gross National Product = (Revenue Passenger Miles-Regression Coefficient b-(Yield of Aircraft*Regression Coefficient))/Regression Coefficient d to calculate the Real Gross National Product, The 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. Real Gross National Product is denoted by GNP symbol.

How to calculate Real Gross National Product using this online calculator? To use this online calculator for Real Gross National Product, enter Revenue Passenger Miles (RPM), Regression Coefficient b (b₀), Yield of Aircraft (Y), Regression Coefficient (c) & Regression Coefficient d (d) and hit the calculate button. Here is how the Real Gross National Product calculation can be explained with given input values -> 438.0952 = (36100.01-0.01-(45010*0.8))/0.21.

FAQ

What is Real Gross National Product?

The 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 and is represented as GNP = (RPM-b₀-(Y*c))/d or Real Gross National Product = (Revenue Passenger Miles-Regression Coefficient b-(Yield of Aircraft*Regression Coefficient))/Regression Coefficient d. 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, Yield of Aircraft expressed as revenue per passenger mile per kilometer, Regression Coefficient of model formulation are estimates of the unknown parameters and describe the relationship between a predictor variable and the response & Regression Coefficient d of model formulation is an estimate of the unknown parameters and describes the relationship between a predictor variable and the response.

How to calculate Real Gross National Product?

The 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 is calculated using Real Gross National Product = (Revenue Passenger Miles-Regression Coefficient b-(Yield of Aircraft*Regression Coefficient))/Regression Coefficient d. To calculate Real Gross National Product, you need Revenue Passenger Miles (RPM), Regression Coefficient b (b₀), Yield of Aircraft (Y), Regression Coefficient (c) & Regression Coefficient d (d). With our tool, you need to enter the respective value for Revenue Passenger Miles, Regression Coefficient b, Yield of Aircraft, Regression Coefficient & Regression Coefficient d and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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