Ted Stevens International Airport

ABSTRACT\nThis entropy-based essay observes the factors that contribute to the elaborateness or contraction in the size of Ted St neverthelesss International Airport, fixed in anchorage ground, Alaska. The purpose of this experiential is to identify the leading add factors that affect the aerodromes size. Changes in the size of the communicateport be regressed over data compiled on categories such as passengers, local measures of income and population, and Consumer Price Index. only culture contributed to the regression are taken from quarterly reports submitted from the grade 1993 through 2009.\n\nBackground teaching\nTed Stevens International Airport, named after the new-fangled former US senator Ted Stevens, is laid in Anchorage, Alaska, which is the largest city of the state. trance there are numerous other smaller drome used for private air transportation within the state, Ted Stevens is atomic outcome 53 of only both airports that travel commercially betw een Alaska and the sculptural relief of the continental United States (Hawaii is in like manner included) and is the only Airport that makes shit flights internationally. There are two separate terminals within the airports physical arrangement that provide service to 15 separate air carriers. The Anchorage hub moves over 5 one thousand million passengers each year and is as well as the 5th busiest airport in the world for cargo transportation. In this empirical essay, we regress the opposite factors that contribute to the expansion of Ted Stevens because nearly(prenominal) competing airlines, or sometimes even start-up airlines, need to know statistical predictions of how the airport is expanding and what areas are modify to the expansion or contraction. This information is needed by the airlines so they can assess if it is deserving flying the distance to Alaska. If the number of passengers connecting through Anchorage is fall over time, then some airlines might decide to not renew their contract. Regardless of if the airport is contracting or expanding, Ted Steve...