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Income for Leisure given Air Trips for Stated Purpose under Leisure Category Formula

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Income, station affinity, propensity to invest and trade in year y for leisure. Check FAQs

f yl = \frac{(\frac{II}{P i}) - a}{b \cdot (\frac{1}{1 + (K \cdot {(\frac{F}{I})}^{q})})}

f_yl - Income?II - Air Trips in Year y for stated Purpose?P_i - Population of Origin City?a - Regression Contant a?b - Regression Contant b?K - Constant Reflection Surface Route Saturation?F - Mean Total Effective Fair?I - Mean Income of Households?q - Constant q?

Income for Leisure given Air Trips for Stated Purpose under Leisure Category Example

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Here is how the Income for Leisure given Air Trips for Stated Purpose under Leisure Category equation looks like with Units.

Here is how the Income for Leisure given Air Trips for Stated Purpose under Leisure Category equation looks like.

6.0235 = \frac{(\frac{325}{60}) - 0.6}{0.8 \cdot (\frac{1}{1 + (0.98 \cdot {(\frac{32}{68})}^{10.2})})}

6.0235 = \frac{(\frac{325}{60}) - 0.6}{0.8 \cdot (\frac{1}{1 + (0.98 \cdot {(\frac{32}{68})}^{10.2})})}

6.0235 = \frac{(\frac{325}{60}) - 0.6}{0.8 \cdot (\frac{1}{1 + (0.98 \cdot {(\frac{32}{68})}^{10.2})})}

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Income for Leisure given Air Trips for Stated Purpose under Leisure Category Solution

Follow our step by step solution on how to calculate Income for Leisure given Air Trips for Stated Purpose under Leisure Category?

FIRST Step Consider the formula

f yl = \frac{(\frac{II}{P i}) - a}{b \cdot (\frac{1}{1 + (K \cdot {(\frac{F}{I})}^{q})})}

Next Step Substitute values of Variables

∴

f yl = \frac{(\frac{325}{60}) - 0.6}{0.8 \cdot (\frac{1}{1 + (0.98 \cdot {(\frac{32}{68})}^{10.2})})}

Next Step Prepare to Evaluate

∴

f yl = \frac{(\frac{325}{60}) - 0.6}{0.8 \cdot (\frac{1}{1 + (0.98 \cdot {(\frac{32}{68})}^{10.2})})}

Next Step Evaluate

∴

f yl = 6.02353618088123

LAST Step Rounding Answer

∴

f yl = 6.0235

Income for Leisure given Air Trips for Stated Purpose under Leisure Category Formula Elements

Variables

Income

Income, station affinity, propensity to invest and trade in year y for leisure.

Symbol: f_yl

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Income

Air Trips in Year y for stated Purpose

Air Trips in Year y for stated Purpose is defined as the total leisure flights made for the purpose under consideration in a certain number of years.

Symbol: II

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Air Trips in Year y for stated Purpose

Population of Origin City

Population of Origin City is the whole number of people or inhabitants in the origin city.

Symbol: P_i

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Population of Origin City

Regression Contant a

Regression Contant a is the constant in a regression equation represents the y-intercept or baseline value, which is the expected value of the dependent variable.

Symbol: a

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Contant a

Regression Contant b

Regression Contant b is the constant in a regression equation represents the y-intercept or baseline value, which is the expected value of the dependent variable.

Symbol: b

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Regression Contant b

Constant Reflection Surface Route Saturation

Constant Reflection Surface Route Saturation is a value or number that does not change in expression.

Symbol: K

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Constant Reflection Surface Route Saturation

Mean Total Effective Fair

Mean Total Effective Fair (fare, supplements, and travel time) is denoted by F.

Symbol: F

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Mean Total Effective Fair

Mean Income of Households

Mean Income of Households of potential travelers in origin country.

Symbol: I

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Mean Income of Households

Constant q

Constant q for two category model developed for leisure air trips.

Symbol: q

Measurement: NAUnit: Unitless

Note: Value can be positive or negative.

Formulas to find Constant q

Other formulas in Generation Distribution Models category

Go Air Trips between i and j

F ij = (P i \cdot P j) \cdot (x + (β \cdot t) + (Q ij))

Go Population at i given Air Trips between i and j

P i = \frac{F ij}{(x + (β \cdot t) + (Q ij)) \cdot P j}

How to Evaluate Income for Leisure given Air Trips for Stated Purpose under Leisure Category?

Income for Leisure given Air Trips for Stated Purpose under Leisure Category evaluator uses Income = ((Air Trips in Year y for stated Purpose/Population of Origin City)-Regression Contant a)/(Regression Contant b*(1/(1+(Constant Reflection Surface Route Saturation*(Mean Total Effective Fair/Mean Income of Households)^Constant q)))) to evaluate the Income, The Income for Leisure given Air Trips for Stated Purpose under Leisure Category is defined as payment received, especially on regular basis, for work or through air travel investments. Income is denoted by f_yl symbol.

How to evaluate Income for Leisure given Air Trips for Stated Purpose under Leisure Category using this online evaluator? To use this online evaluator for Income for Leisure given Air Trips for Stated Purpose under Leisure Category, enter Air Trips in Year y for stated Purpose (II), Population of Origin City (P_i), Regression Contant a (a), Regression Contant b (b), Constant Reflection Surface Route Saturation (K), Mean Total Effective Fair (F), Mean Income of Households (I) & Constant q (q) and hit the calculate button.

FAQs on Income for Leisure given Air Trips for Stated Purpose under Leisure Category

What is the formula to find Income for Leisure given Air Trips for Stated Purpose under Leisure Category?

The formula of Income for Leisure given Air Trips for Stated Purpose under Leisure Category is expressed as Income = ((Air Trips in Year y for stated Purpose/Population of Origin City)-Regression Contant a)/(Regression Contant b*(1/(1+(Constant Reflection Surface Route Saturation*(Mean Total Effective Fair/Mean Income of Households)^Constant q)))). Here is an example- 6.023536 = ((325/60)-0.6)/(0.8*(1/(1+(0.98*(32/68)^10.2)))).

How to calculate Income for Leisure given Air Trips for Stated Purpose under Leisure Category?

With Air Trips in Year y for stated Purpose (II), Population of Origin City (P_i), Regression Contant a (a), Regression Contant b (b), Constant Reflection Surface Route Saturation (K), Mean Total Effective Fair (F), Mean Income of Households (I) & Constant q (q) we can find Income for Leisure given Air Trips for Stated Purpose under Leisure Category using the formula - Income = ((Air Trips in Year y for stated Purpose/Population of Origin City)-Regression Contant a)/(Regression Contant b*(1/(1+(Constant Reflection Surface Route Saturation*(Mean Total Effective Fair/Mean Income of Households)^Constant q)))).

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Income for Leisure given Air Trips for Stated Purpose under Leisure Category Formula

Income for Leisure given Air Trips for Stated Purpose under Leisure Category Example

Income for Leisure given Air Trips for Stated Purpose under Leisure Category Solution

Income for Leisure given Air Trips for Stated Purpose under Leisure Category Formula Elements

Other formulas in Generation Distribution Models category

How to Evaluate Income for Leisure given Air Trips for Stated Purpose under Leisure Category?

FAQs on Income for Leisure given Air Trips for Stated Purpose under Leisure Category

Variable Name