you run a small airline that operates ten 30 seat airplane flights per dat. for each flight, you can sell up to 32 tickets at $289 each. if more people show up that you have seats for you need to pay $534 for each seat you dont have available. if you sell 32 tickets the probability that exaclty 32 people show up is 5% and exaclty 31 people show up is 20%. if i sell 31 ticktes the probabilyy that exactly 31 ppl show up is 10%. if i sell the profit maximizing number of tickets for each flight how much money would i expect to make (ticket revenue - penalty ) each day? round your answer to the nearest dollar without the dollar s
you run a small airline that operates ten 30 seat airplane flights per dat. for each flight, you can sell up to 32 tickets at $289 each. if more people show up that you have seats for you need to pay $534 for each seat you dont have available. if you sell 32 tickets the probability that exaclty 32 people show up is 5% and exaclty 31 people show up is 20%. if i sell 31 ticktes the probabilyy that exactly 31 ppl show up is 10%. if i sell the profit maximizing number of tickets for each flight how much money would i expect to make (ticket revenue - penalty ) each day? round your answer to the nearest dollar without the dollar s
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.9: Independent And Dependent Events
Problem 13E
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you run a small airline that operates ten 30 seat airplane flights per dat. for each flight, you can sell up to 32 tickets at $289 each. if more people show up that you have seats for you need to pay $534 for each seat you dont have available. if you sell 32 tickets the
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