2.38 Baggage fees: An airline charges the following baggage fees: $25 for the first bag and $30 for the second. Suppose 52% of passengers have no checked luggage, 30% have only one piece of checked luggage and 18% have two pieces. We suppose a negligible portion of people check more than two bags. a) The average baggage-related revenue per passenger is: $ (please round to the nearest cent) b) The standard deviation of baggage-related revenue is: $ | (please round to the nearest cent) c) About how much revenue should the airline expect for a flight of 140 passengers? $ (please round to the nearest dollar) Submit All Parts
2.38 Baggage fees: An airline charges the following baggage fees: $25 for the first bag and $30 for the second. Suppose 52% of passengers have no checked luggage, 30% have only one piece of checked luggage and 18% have two pieces. We suppose a negligible portion of people check more than two bags. a) The average baggage-related revenue per passenger is: $ (please round to the nearest cent) b) The standard deviation of baggage-related revenue is: $ | (please round to the nearest cent) c) About how much revenue should the airline expect for a flight of 140 passengers? $ (please round to the nearest dollar) Submit All Parts
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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