Percent Market Share of State of total US Market Formula

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Percent Market Share of State is the percent of total sales in an industry generated by a particular state. Check FAQs
MUS=EIiMi/jMi/sMs/usEUS
MUS - Percent Market Share of State?EIi - Domestic Passenger Enplanement?Mi/j - Domestic Passenger Enplanement in Location 'i'?Mi/s - Percent Market Share for Airport 'i'?Ms/us - Percent Market Share for Region?EUS - Total Scheduled Domestic Passenger?

Percent Market Share of State of total US Market Example

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Here is how the Percent Market Share of State of total US Market equation looks like with Values.

Here is how the Percent Market Share of State of total US Market equation looks like with Units.

Here is how the Percent Market Share of State of total US Market equation looks like.

0.119Edit=40Edit56Edit0.4Edit0.3Edit50Edit
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Percent Market Share of State of total US Market Solution

Follow our step by step solution on how to calculate Percent Market Share of State of total US Market?

FIRST Step Consider the formula
MUS=EIiMi/jMi/sMs/usEUS
Next Step Substitute values of Variables
MUS=40560.40.350
Next Step Prepare to Evaluate
MUS=40560.40.350
Next Step Evaluate
MUS=0.119047619047619
LAST Step Rounding Answer
MUS=0.119

Percent Market Share of State of total US Market Formula Elements

Variables
Percent Market Share of State
Percent Market Share of State is the percent of total sales in an industry generated by a particular state.
Symbol: MUS
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Domestic Passenger Enplanement
Domestic Passenger Enplanement is defined as a passenger boarding a plane at a particular airport.
Symbol: EIi
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Domestic Passenger Enplanement in Location 'i'
Domestic Passenger Enplanement in Location 'i'. Enplaned Passengers means Originating Passengers and connecting passengers boarded at Airport, also the passengers traveling on frequent flyer coupons.
Symbol: Mi/j
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Percent Market Share for Airport 'i'
Percent Market Share for Airport 'i' of total scheduled domestic total passenger enplanement in rejoin 'j'.
Symbol: Mi/s
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Percent Market Share for Region
Percent Market Share for Region of total state market is the percent of total sales in an industry generated by a particular company.
Symbol: Ms/us
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.
Total Scheduled Domestic Passenger
Total Scheduled Domestic Passenger enplanement means the boarding of an aircraft by a revenue passenger, including an original, stopover, or transfer boarding of the aircraft.
Symbol: EUS
Measurement: NAUnit: Unitless
Note: Value can be positive or negative.

Other formulas in Conventional Airport Forecast Methods category

​Go Domestic Passenger Enplanement
EIi=Mi/jMi/sMs/usMUSEUS
​Go Domestic Passenger Enplanement in Location i
Mi/j=EIiMi/sMs/usMUSEUS
​Go Percent Market Share for Airport
Mi/s=EIiMi/jMs/usMUSEUS
​Go Percent Market Share for Region 'j'
Ms/us=EIiMi/jMi/sMUSEUS

How to Evaluate Percent Market Share of State of total US Market?

Percent Market Share of State of total US Market evaluator uses Percent Market Share of State = Domestic Passenger Enplanement/(Domestic Passenger Enplanement in Location 'i'*Percent Market Share for Airport 'i'*Percent Market Share for Region*Total Scheduled Domestic Passenger) to evaluate the Percent Market Share of State, The Percent Market Share of State of total US Market is defined as share of total scheduled domestic total passenger enplanement of total U.S Market. Percent Market Share of State is denoted by MUS symbol.

How to evaluate Percent Market Share of State of total US Market using this online evaluator? To use this online evaluator for Percent Market Share of State of total US Market, enter Domestic Passenger Enplanement (EIi), Domestic Passenger Enplanement in Location 'i' (Mi/j), Percent Market Share for Airport 'i' (Mi/s), Percent Market Share for Region (Ms/us) & Total Scheduled Domestic Passenger (EUS) and hit the calculate button.

FAQs on Percent Market Share of State of total US Market

What is the formula to find Percent Market Share of State of total US Market?
The formula of Percent Market Share of State of total US Market is expressed as Percent Market Share of State = Domestic Passenger Enplanement/(Domestic Passenger Enplanement in Location 'i'*Percent Market Share for Airport 'i'*Percent Market Share for Region*Total Scheduled Domestic Passenger). Here is an example- 0.119048 = 40/(56*0.4*0.3*50).
How to calculate Percent Market Share of State of total US Market?
With Domestic Passenger Enplanement (EIi), Domestic Passenger Enplanement in Location 'i' (Mi/j), Percent Market Share for Airport 'i' (Mi/s), Percent Market Share for Region (Ms/us) & Total Scheduled Domestic Passenger (EUS) we can find Percent Market Share of State of total US Market using the formula - Percent Market Share of State = Domestic Passenger Enplanement/(Domestic Passenger Enplanement in Location 'i'*Percent Market Share for Airport 'i'*Percent Market Share for Region*Total Scheduled Domestic Passenger).
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