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Airline fares

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Page 1: Airline fares

Airline FaresAirline Fares

By: Stevenrae Dimas, Jesus By: Stevenrae Dimas, Jesus Romero, Jasberth Morales Romero, Jasberth Morales

Page 2: Airline fares

This projectThis project

In this project we had to get two In this project we had to get two airlinesairlines

With six different cities and compare With six different cities and compare the prices.the prices.

Our goal was to find a more Our goal was to find a more “convenient” price between the two. “convenient” price between the two.

To explain the cost of each mile.To explain the cost of each mile.

Page 3: Airline fares

DataData

DistanceDistance

New OrleansNew Orleans 10791079

BaltimoreBaltimore 16931693

MemphisMemphis 10971097

San DiegoSan Diego 832832

ChicagoChicago 958958

New YorkNew York 16311631

Page 4: Airline fares

Prices (in dollars)Prices (in dollars)

Here are the prices to each city (from Here are the prices to each city (from Denver) for united airlinesDenver) for united airlines

Price (united airlines)Price (united airlines)New OrleansNew Orleans 351351BaltimoreBaltimore 795795MemphisMemphis 448448San DiegoSan Diego 234234ChicagoChicago 242242New YorkNew York 311311

Page 5: Airline fares

Prices (In Dollars)Prices (In Dollars)

Here are the prices to each Here are the prices to each city (from Denver) for frontier city (from Denver) for frontier Price (Frontier)Price (Frontier)

New OrleansNew Orleans 540540

BaltimoreBaltimore 270270

MemphisMemphis 340340

San DiegoSan Diego 243243

ChicagoChicago 281281

New YorkNew York 469469

Page 6: Airline fares

Scatter PlotScatter PlotComparinf Airlines

351

795

448

234 242

311

540

270

340

243

281

469

y = 0.3974x - 85.955

y = 0.0701x + 272.02

0

100

200

300

400

500

600

700

800

900

0 200 400 600 800 1000 1200 1400 1600 1800

Distance

Pri

ces

Series1

Series2

Linear (Series1)

Linear (Series2)

Page 7: Airline fares

EquationsEquations

Trend linesTrend lines Y=0.3974x-85.955 - FrontierY=0.3974x-85.955 - Frontier Y=0.0701x+272.02 – UnitedY=0.0701x+272.02 – United

Page 8: Airline fares

Line of best fitLine of best fit

Y=0.3974x-85.955 is the equation for Y=0.3974x-85.955 is the equation for Frontier airlines and this best fits the Frontier airlines and this best fits the data that is scattered for those cities.data that is scattered for those cities.

Page 9: Airline fares

Best AirlineBest Airline

The best (cheapest) airline is Frontier The best (cheapest) airline is Frontier Airlines Airlines

Although it cost more per mile the Although it cost more per mile the overall cost is a lot cheaperoverall cost is a lot cheaper

Page 10: Airline fares

Slope Slope

In this situation slope represents cost In this situation slope represents cost per mile. per mile.

Frontier charges 0.3974 per mile the Frontier charges 0.3974 per mile the slope is 0.3974/1slope is 0.3974/1

United Airlines charges 0.0701 per United Airlines charges 0.0701 per mile the slope is 0.0701/1mile the slope is 0.0701/1

Page 11: Airline fares

Y- interceptY- intercept

The y- intercept represents how The y- intercept represents how much each airline is chargingmuch each airline is charging

Frontier charges -85.955Frontier charges -85.955 So the y-intercept is -85.955So the y-intercept is -85.955 United Airlines charges 272.02United Airlines charges 272.02 So the y- intercept 272.02So the y- intercept 272.02

Page 12: Airline fares

New ScenarioNew Scenario

We had to pick a city to go to but it We had to pick a city to go to but it had to be under $500 had to be under $500

Page 13: Airline fares

We chose to go from Denver to New We chose to go from Denver to New yorkyork

The distance is 1631 milesThe distance is 1631 miles So it would cost $469So it would cost $469 The cost per mile is $3.477The cost per mile is $3.477

Page 14: Airline fares

The reason we chose this one is The reason we chose this one is because we can go farther and it because we can go farther and it costs lesscosts less

Page 15: Airline fares

BibliographyBibliography

http://www.http://www.frontierfrontierairlines.com/airlines.com/

www.www.unitedunited.com/.com/

Page 16: Airline fares

The EndThe End