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2.38 Baggage fees: An airline charges the following baggage fees: $30 for the first bag and $40 for the second. Suppose 45% of passengers have no checked luggage, 28% have only one piece of checked luggage and 27% 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 100 passengers? $ (please round to the nearest dollar)

2.38 Baggage fees: An airline charges the following baggage fees: $30 for the first bag and $40 for the second. Suppose 45% of passengers have no checked luggage, 28% have only one piece of checked luggage and 27% 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 100 passengers? $ (please round to the nearest dollar)

MATLAB: An Introduction with Applications
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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**Baggage Fees Analysis** An airline charges the following baggage fees: $30 for the first bag and $40 for the second. Suppose 45% of passengers have no checked luggage, 28% have only one piece of checked luggage, and 27% 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 100 passengers? $____ (please round to the nearest dollar)
Transcribed Image Text:**Baggage Fees Analysis** An airline charges the following baggage fees: $30 for the first bag and $40 for the second. Suppose 45% of passengers have no checked luggage, 28% have only one piece of checked luggage, and 27% 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 100 passengers? $____ (please round to the nearest dollar)
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