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Last Minute Vacation . Taylor McGann Danny Christensen Russ Taylor. Agenda. Introduction Data Collection Data Summarization Models Conclusions Future Research. Last minute vacation?...What?. How can we get a cheap ticket?. 1. What is the best day to purchas e tickets?. 2.
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Last Minute Vacation Taylor McGann Danny Christensen Russ Taylor
Agenda Introduction Data Collection Data Summarization Models Conclusions Future Research
1 What is the best day to purchasetickets?
2 How far in advance should we purchase tickets?
3 Are we getting the best price?
"We don't want bots running about trying to book airline tickets. They tend to try to cram large suitcases in the overhead bin, and they prattle on about celebrities they know while you are trying to watch the movie."
Predicting Price Final Variables
ANN ANN
Linear Regression *NOTE: Table does not include all variables
1 What is the best day to purchasetickets?
Tuesday Sunday Conclusions
2 How far in advance should we purchase tickets?
180 Days 120 Days 60 Days Conclusions 1 Day
3 Are we getting the best price?
Hard to determine.Too many variables.Out of scope. Conclusions
Future Research Explore variables in isolation (E.g. destination, airline, etc.)
Future Research Add a "Buy/Buy Not"variable to do categorical analysis.
Future Research Collect data over a longer period of time. Isolate seasonal and cyclical trends.