the number of commercial airline boarding on domestic flights increased steadily during the 1990s as shown in the table below. Let f(t) be number of commercial airline boardings on domestic flight (in millions) for the year that is t years since 1990. complete parts (a) thought (d) below. Number of Commercial Airlines Boardings on Domestic Flight Year Number of Boardings(million) 1991 452 1995 547 1997 599 1999 635 2000 666 a. what variable should be represented by the axes? what units should be displayed for the axes? what scaling should be used for the axes? b. find an equation of f. does your model fit the data well? c. use the model f to estimate the number of boarding in 2001. the actual number was 622 million. what is the error in your estimate? ( the error is the different between the estimated value and the actual value) d. the number of boarding in 2001 was low due to the terroist attacks on september 11,2001 by making the following assumption estimate the amount of money ailines lost in 2001 1. all trips were round trips 2. the average number of boarding for a round trip was four (two flights out, two back) 3. the average round-trip fare was 340

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 39SE: For the following exercises, consider this scenario: The profit of a company increased steadily over...
icon
Related questions
Question

the number of commercial airline boarding on domestic flights increased steadily during the 1990s as shown in the table below. Let f(t) be number of commercial airline boardings on domestic flight (in millions) for the year that is t years since 1990. complete parts (a)
 thought (d) below.

Number of Commercial Airlines Boardings on Domestic Flight

Year      Number of Boardings(million)

1991            452

1995            547

1997            599

1999            635

2000           666

a. what variable should be represented by the axes?

what units should be displayed for the axes?

what scaling should be used for the axes?

b. find an equation of f. does your model fit the data well?

c. use the model f to estimate the number of boarding in 2001. the actual number was 622 million. what is the error in your estimate? ( the error is the different between the estimated value and the actual value)

d. the number of boarding in 2001 was low due to the terroist attacks on september 11,2001 by making the following assumption estimate the amount of money ailines lost in 2001

1. all trips were round trips

2. the average number of boarding for a round trip was four (two flights out, two back)

3. the average round-trip fare was 340

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps with 11 images

Blurred answer
Knowledge Booster
Linear Equations
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning