Tags: statistics, accuracy, probability
Tags: algorithm, statistics
The Lumo delay indexes are a score from 1 to 10 given to each flight indicating how “risky” a flight is with respect to being delayed. The score is intended to capture both delay frequency (probability of a delay occurring) and delay severity (how long will the delay be if it does happen).
Tags: algorithm, statistics, probability
While we can't give away all the details of our secret sauce, here's an outline of the basic ingredients. Our predictions are based on a combination of machine learning models that analyze vast amounts of historical and forecast data, and a super-fast simulation that is able to simulate the impact of projected constraints on all flights in the world rapidly (in a few minutes).
Tags: machine learning, statistics, data