Question: Given the demand data in Table 8.7, estimate the parameters for the non-business booking curve. TABLE 8.7 Demand Data for Exercise 8.16 Day to Departure
Given the demand data in Table 8.7, estimate the parameters for the non-business booking curve.

TABLE 8.7 Demand Data for Exercise 8.16 Day to Departure Demand -10 -9 2 4 -8 3 -7 8 -6 12 -5 a -4 3 -3 2 -2 1 -1 1
Step by Step Solution
3.37 Rating (156 Votes )
There are 3 Steps involved in it
For the leastsquare fit to the series of cumulative gives the rounded value... View full answer
Get step-by-step solutions from verified subject matter experts
