Bayesian Approach to Forecasting Loss of Airline Service

by Arthur E. Tiemann,

Serial Information: Journal of the Aero-Space Transport Division, 1966, Vol. 92, Issue 2, Pg. 59-64

Document Type: Journal Paper

Abstract: Many independent cities with airline service have lost such service since 1960 under CAB criteria. A classification system for categorizing these cities as potential losers of service was developed empirically. A Bayesian approach permits a determination of whether such a classification system improves the probability of forecasting the loss of airline service, and provides a probability measure associated with the use of the classification system.

Subject Headings: Air transportation | Urban areas | Bayesian analysis | Probability | Forecasting | Empirical equations | Permits |

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