2. How does this forecast differ from that using the 5-year average? 3. Which forecast would you select and why?
1.
|
Year |
Total Airline Enplanements |
Southwest Region Enplanements |
Market Share (%) |
|
1990 |
59,279 |
60,925,903 |
0.0973% |
|
1991 |
65,651 |
60,467,718 |
0.1086% |
|
1992 |
80,593 |
63,396,932 |
0.1271% |
|
1993 |
92,110 |
64,296,680 |
0.1433% |
|
1994 |
97,998 |
67,434,877 |
0.1453% |
|
1995 |
64,198 |
70,689,841 |
0.0908% |
|
1996 |
57,996 |
72,061,761 |
0.0805% |
|
1997 |
61,728 |
74,341,596 |
0.0830% |
|
1998 |
79,714 |
75,957,918 |
0.1049% |
|
1999 |
88,969 |
77,056,344 |
0.1155% |
|
2000 |
90,647 |
79,833,666 |
0.1135% |
|
2001 |
82,400 |
80,184,741 |
0.1028% |
|
Ten Year Average |
|
|
??? |
| 2005 | ??? | 93,167,307 | ??? |
| 2010 | ??? | 110,022,766 | ??? |
| 2015 | ??? | 126,843,590 | ??? |
| 2020 | ??? | 143,846,242 | ??? |
| 2025 | ??? | 160,775,532 | ??? |
2. How does this forecast differ from that using the 5-year average?
3. Which forecast would you select and why?
Step by step
Solved in 2 steps with 3 images
