Estimate the Annual Revenue of NYC Taxi Medallions

You are tasked with estimating the annual revenue generated by taxi medallions in New York City. Consider the number of medallions, average daily fares, and occupancy rates. Assume the market is stable with no significant changes in the number of medallions or regulations for the past year. Your constraint is that you must use existing public data without making any new primary data collection efforts. Decide which data points to use and justify your choices in calculating the total annual revenue.

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