airline charges $25 1st bag, $30 2nd bag. 49% passengers have no bags, 34% have 1 bag, 17% have 2 bags. Average bag related revenue per passenger =? Standard diviation of bag relatd revenue =? Revenue for flight with 130 passengers =?
airline charges $25 1st bag, $30 2nd bag. 49% passengers have no bags, 34% have 1 bag, 17% have 2 bags. Average bag related revenue per passenger =? Standard diviation of bag relatd revenue =? Revenue for flight with 130 passengers =?
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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airline charges $25 1st bag, $30 2nd bag. 49% passengers have no bags, 34% have 1 bag, 17% have 2 bags.
Average bag related revenue per passenger =?
Standard diviation of bag relatd revenue =?
Revenue for flight with 130 passengers =?
Expert Solution
Step 1
Given data:
airline charges $25 1st bag, $30 2nd bag. 49% passengers have no bags, 34% have 1 bag, 17% have 2 bags.
To find:
Average bag related revenue per passenger =?
Standard diviation of bag relatd revenue =?
Revenue for flight with 130 passengers =?
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