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)

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2.38 Baggage fees: An airline charges the following baggage fees: $25 for the first bag and $35 for the
second. Suppose 52% of passengers have no checked luggage, 35% have only one piece of checked luggage
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 to the
nearest cent)
b) The standard deviation of baggage-related revenue is: $ 0
X (please round to the
nearest cent)
c) About how much revenue should the airline expect for a flight of 140 passengers? $
X (please round to the nearest dollar)
Transcribed Image Text:2.38 Baggage fees: An airline charges the following baggage fees: $25 for the first bag and $35 for the second. Suppose 52% of passengers have no checked luggage, 35% have only one piece of checked luggage 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 to the nearest cent) b) The standard deviation of baggage-related revenue is: $ 0 X (please round to the nearest cent) c) About how much revenue should the airline expect for a flight of 140 passengers? $ X (please round to the nearest dollar)
Expert Solution
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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