Table 1

Summary Statistics of Business Travel Data: Dependent Variables

StatisticObs.MeanMedianSDMin.Max.
Paid fare (in U.S. dollars)7,426,390791.24502.971021.0078.587,344.00
  Female1,848,569713.16466.79930.4878.587,344.00
  Male5,577,821817.12515.901047.9878.587,344.00
Days booked in advance7,426,39018.6513.0021.050364.00
  Female1,848,56920.7014.0021.620364.00
  Male5,577,82117.9712.0020.810364.00
Share booking two weeks or more in advance7,426,3900.463500.498701
  Female1,848,5690.529110.499201
  Male5,577,8210.441700.496501
  • Notes: Each observation represents one round-trip flight. The table displays the summary statistics of the dependent variables used in, for example, Table 4. See Appendix 1 for the definitions of the variables.