2.38 Baggage fees: An airline charges the following baggage fees: $25 for the first bag and $35 for second. Suppose 52% of passengers have no checked luggage, 35% have only one piece of checked lu and 13% have two pieces. We suppose a negligible portion of people check more than two bags. a) The average baggage-related revenue per passenger is: $ 13.3 X (please round nearest cent) b) The standard deviation of baggage-related revenue is: $ 0 X (please round nearest cent)
2.38 Baggage fees: An airline charges the following baggage fees: $25 for the first bag and $35 for second. Suppose 52% of passengers have no checked luggage, 35% have only one piece of checked lu and 13% have two pieces. We suppose a negligible portion of people check more than two bags. a) The average baggage-related revenue per passenger is: $ 13.3 X (please round nearest cent) b) The standard deviation of baggage-related revenue is: $ 0 X (please round nearest cent)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Step 1
Given data,
The airline charges $25 for first bag and $35 for the second bag.
So a total amount of $60 has to be paid for 2 bags.
52% of passengers have no luggage, 35% have only one piece of checked luggage, 13% have two pieces.
Number of bags | Total charge for luggage | Probability |
0 | $0 | 0.52 |
1 | $25 | 0.35 |
2 | $60 | 0.13 |
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