
| The Problem |
|
The Table 1 below lists the estimated numbers in millions of airline passengers at some of the fastest growing airports in 1992 and 2005. (Source: Federal Aviation Administration.) Raleigh-Durham International had 4.9 million passengers in 1992. Assuming Raleigh-Durham International follows the same trend in growth as the other airports reported in Table 1 below, estimate the number of passengers it may have in 2005. Compare this result with the Federal Aviation Administration estimation of 10.3 million passengers. |
| TABLE 1 Airline Passengers (in millions) | ||
|
AIRPORT |
1992 | 2005 |
| Harrisburg International | 0.7 | 1.4 |
| Dayton International | 1.1 | 2.4 |
| Austin Robert Mueller | 2.2 | 4.7 |
| Milwaukee General Mitchell | 2.2 | 4.4 |
| Sacramento Metropolitan | 2.6 | 5.0 |
| Fort Lauderdale-Hollywood | 4.1 | 8.1 |
| Washington Dulles | 5.3 | 10.9 |
| Greater Cinninnati | 5.8 | 12.3 |
Since the equation of the regression line is y = 2.081x - 0.093, to find the approximate number of passengers at Raleigh-Durham International, substitute the 1992 value of 4.9 for x.
y = 2.081
( 4.9) - .0931
10.1 million passengers are predicted
in 2005.
Note that 10.1 million is very close to the Federal Aviation Administration estimation of 10.3 million passengers.
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