Tourism insurance: Predicting days with unhealthy air quality in Washington DC

Project Details

Term: 

2009

Students: 

Kate Hannon, Camille Hoff, Tian Liu, Clayton Paulding, Ramin Riahikhoee

University: 

UMD

Presentation: 

Report: 

D.C. Ducks is a tour company whose revenues depend heavily on favorable weather conditions, such as air quality. On days when the air quality index (AQI) is above 50, the firm has fewer customers due to the adverse conditions. The firm currently purchases a blanket weather insurance policy for the entire year, as protection against days when the AQI is forecast to be above 50.

The goal of this project is to predict dates on which the Air Quality Index is above 50, for the purpose of selectively purchasing weather insurance for these days.

Application Area: