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Shaiwal Sachdev edited textit_textbf_Low_Estimate_High__.tex
almost 8 years ago
Commit id: 47196baab639ca0558f6fbbdbf932a8e4865e067
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\textit\textbf{Low Estimate , High Estimate ,Fare Calculation and
Use of Surcharge!}
By making the above tables and doing the analysis we found out that,
...
\\ This formula was also verfied over all the data collected for four timezones
\\\textbf{SURCHARGE}
\\ This tells us that by using the dynamic surcharge which changes depending on location and time, uber is able to earn most of its revenue.
\\ It increases the Minimum Fare and thus earns the most even in very short trips.
\\
One Graph was plotted where only the small trips where the Total Fare was less than Minimum Fare and Uber Earned More
\\ This was plotted for all Timezones 6,10,16,20
The plot is given below: