Purchase Solution

North-south airline Case

Not what you're looking for?

Ask Custom Question

Case problem on North-south airline: Regression Analysis

See Attached

1. Prepare a Peg Jone's response to Stephen Ruth.

Attachments
Purchase this Solution
Solution Summary

This posting contains solution to case problem on North-south airline: Regression

Solution Preview

Please see the attached file.

Peg’s response to Stephen Ruth

Using Excel, four regression equations are developed for the Cost Vs Age. Following are the equations:

For Northern Airlines:

Airframe maintenance cost = 36.097 + Average fleet age * 0.0026
Coefficient of Correlation, r=0.877
Coefficient of Determination, r2 = 0.769

Engine maintenance cost = 20.571 + Average fleet age * 0.0026
Coefficient of Correlation, r=0.783
Coefficient of Determination, r2 = 0.612

It can be seen from the r2 value of 0.769 that there is a moderate relationship between the Air frame maintenance cost and the Air fleet age. This means that Air fleet age determines only 76.9% of variation ...

Purchase this Solution
Free BrainMass Quizzes
Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Introduction to Finance

This quiz test introductory finance topics.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

View More Free Quizzes
Related BrainMass Solutions

  • Southwest Airline from a management perspective

    Access online @ http://onlinembastudy.blogspot.com/2010/03/southwest-airlines-case-study-in.html Title: South west airlines from a management perspective Submitted by: Course code: Date: South West Airlines from

  • Case study on the North South Airline

    7074 Case study on the North South Airline Please provide me with your insights into this case so that I can add more to it.

  • Competitor Analysis of Southwest Airlines

    Delta Airlines serves the continents of Africa, Asia, Australia, Europe, North America, and South America. This puts Southwest at a major marking disadvantage as they only serve two major continents, North and South America.

  • SUS Society in the 1850's

    All of these events basically pit north vs south. The North viewed the south as unjust and immoral. And the south viewed the north as radical abolitionists that were attacking there rights to hold sales.

  • America in Korean war

    It's if North and South Korea will ever reach peace because even today American troops are stationed there, just in case.

  • Check Off and other Union Membership Concerns

    States with right to work law are Alabama, Arizona, Arkansas, Florida, Georgia, Guam, Idaho, Indiana, Iowa, Kansas, Louisiana, Michigan (Private/Public), Mississippi, Nebraska, Nevada, North Carolina, North Dakota, Oklahoma, South Carolina, South Dakota

  • Opportunities for Airlines to Improve thru Differentiation

    It would be a fun airline to advertise and would certainly get a lot of publicity buzz if done well. A partnership could be done in this case with casinos, hotels, resorts, and various destinations like Disneyland or Sea World.

  • Gradients : Elliptic Paraboloid and Vector Fields

    correspond to a unit vectors pointing to North and South, respectively).

  • Numerical analysis of warehouse facilities

    The objective is to have one warehouse facility in a major metropolitan area in Virginia, North Carolina, South Carolina and Georgia. The company has two potential strategies for this growth.

View More Related Solutions