Revenue Passenger Miles Calculator

✖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%
✖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]			+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%
✖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%

✖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]

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Revenue Passenger Miles Solution

STEP 0: Pre-Calculation Summary

Formula Used

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

Variables Used

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.
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.

STEP 1: Convert Input(s) to Base Unit

Regression Coefficient b: 0.01 --> No Conversion Required
Real Gross National Product: 460 --> No Conversion Required
Regression Coefficient d: 0.21 --> No Conversion Required
Yield of Aircraft: 45010 --> No Conversion Required
Regression Coefficient: 0.8 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

RPM = b₀+(GNP*d)+(Y*c) --> 0.01+(460*0.21)+(45010*0.8)

Evaluating ... ...

RPM = 36104.61

STEP 3: Convert Result to Output's Unit

36104.61 --> No Conversion Required

FINAL ANSWER

36104.61 <-- Revenue Passenger Miles

(Calculation completed in 00.004 seconds)

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Regression Model Formulation for Yield

LaTeX 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

LaTeX 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

LaTeX 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

LaTeX 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

Revenue Passenger Miles Formula

LaTeX Go

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

What is Gross National Product?

Gross National Product (GNP) 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. GNP also measures the output generated by a country's businesses located domestically or abroad.

How to Calculate Revenue Passenger Miles?

Revenue Passenger Miles calculator uses Revenue Passenger Miles = Regression Coefficient b+(Real Gross National Product*Regression Coefficient d)+(Yield of Aircraft*Regression Coefficient) to calculate the Revenue Passenger Miles, The Revenue Passenger Miles is defined as a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic. Revenue Passenger Miles is denoted by RPM symbol.

How to calculate Revenue Passenger Miles using this online calculator? To use this online calculator for Revenue Passenger Miles, enter Regression Coefficient b (b₀), Real Gross National Product (GNP), Regression Coefficient d (d), Yield of Aircraft (Y) & Regression Coefficient (c) and hit the calculate button. Here is how the Revenue Passenger Miles calculation can be explained with given input values -> 36104.61 = 0.01+(460*0.21)+(45010*0.8).

FAQ

What is Revenue Passenger Miles?

The Revenue Passenger Miles is defined as a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic and is represented as RPM = b₀+(GNP*d)+(Y*c) or Revenue Passenger Miles = Regression Coefficient b+(Real Gross National Product*Regression Coefficient d)+(Yield of Aircraft*Regression Coefficient). 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, 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.

How to calculate Revenue Passenger Miles?

The Revenue Passenger Miles is defined as a transportation industry metric that shows the number of miles traveled by paying passengers and is typically an airline traffic statistic is calculated using Revenue Passenger Miles = Regression Coefficient b+(Real Gross National Product*Regression Coefficient d)+(Yield of Aircraft*Regression Coefficient). To calculate Revenue Passenger Miles, you need Regression Coefficient b (b₀), Real Gross National Product (GNP), Regression Coefficient d (d), Yield of Aircraft (Y) & Regression Coefficient (c). With our tool, you need to enter the respective value for Regression Coefficient b, Real Gross National Product, Regression Coefficient d, Yield of Aircraft & 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 Revenue Passenger Miles?

In this formula, Revenue Passenger Miles uses Regression Coefficient b, Real Gross National Product, Regression Coefficient d, Yield of Aircraft & Regression Coefficient. We can use 1 other way(s) to calculate the same, which is/are as follows -

Revenue Passenger Miles = Domestic Passenger Enplanement*Average Trip Length

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