Step 2. Correlation analysis analyze the level of relationship between a dependent or criterion variable (RPK) and several independent or predictor variables (REV , PAX , ASK , number of destinations, yield, LF, number of aircraft) for 4 major FSNCs over the period 2012-2021. Please, provide the results of correlation analysis in annexes and summarize all the information in the figures and tables in the main part of the assignment.analyse the level of relationship between a dependent or criterion variable (RPK) and several independent or predictor variables (global development indicators such as GDP (current US$), GDP per capita, Population (total), Exports of goods and services (% of GDP), Imports of goods and services (% of GDP), International tourism (current US$), Air transport (passengers carried), Air transport, freight (million ton-km), Internet users) for 4 major FSNCs over the period 2012-2021. Please, provide the results of correlation analysis in annexes and summarize all the information in the figures and tables in the main part of the assignment.analyse the level of relationship between a dependent or criterion variable (RPK) and several independent or predictor variables (country development indicators such as GDP (current US$), GDP per capita, Population (total), Exports of goods and services (% of GDP), Imports of goods and services (% of GDP), International tourism (current US$), Air transport (passengers carried), Air transport, freight (million ton-km), Internet users) for 4 major FSNCs over the period 2012-2021. Please, provide the results of correlation analysis in annexes and summarize all the information in the figures and tables in the main part of the assignment. Step 3. Regression analysisForecast and compare future trends for the next 5 years (airline RPKs) for 4 major FSNCs based on econometric methods (Multiple Linear Regression).
