Concept explainers
On-time arrivals, lost baggage, and customer complaints are three measures that are typically used to measure the quality of service being offered by airlines. Suppose that the following values represent the on-time arrival percentage, amount of lost baggage, and customer complaints for 10 U.S. airlines.
- a. Based on the data above, if you randomly choose a Delta Air Lines flight, what is the
probability that this individual flight will have an on-time arrival? - b. If you randomly choose 1 of the 10 airlines for a follow-up study on airline quality ratings, what is the probability that you will choose an airline with less than two mishandled baggage reports per 1,000 passengers?
- c. If you randomly choose 1 of the 10 airlines for a follow-up study on airline quality ratings, what is the probability that you will choose an airline with more than one customer complaint per 1,000 passengers?
- d. What is the probability that a randomly selected AirTran Airways flight will not arrive on time?
a.
Find the probability that a randomly selected D flight has an on-time arrival.
Answer to Problem 1P
The probability that a randomly selected D flight has an on-time arrival is 0.865.
Explanation of Solution
Calculation:
From the given table, the percentage of D flight has an on-time arrival is 86.5%.
Thus, the probability that a randomly selected D flight has an on-time arrival is 0.865.
b.
Find the probability that a randomly selected airline has less than two mishandled baggage reports per 1,000 passengers.
Answer to Problem 1P
The probability that a randomly selected airline has less than two mishandled baggage reports per 1,000 passengers is 0.3.
Explanation of Solution
Calculation:
From the given table, there are 3 airlines which have less than two mishandled baggage reports per 1,000 passengers. Also, there are 10 airlines.
Define the event A as the airline has less than two mishandled baggage reports per 1,000 passengers.
The required probability is obtained as given below:
Thus, the probability that a randomly selected airline has less than two mishandled baggage reports per 1,000 passengers is 0.3.
c.
Find the probability that a randomly selected airline has more than one customer compliant per 1,000 passengers.
Answer to Problem 1P
The probability that a randomly selected airline has more than one customer compliant per 1,000 passengers is 0.5.
Explanation of Solution
Calculation:
From the given table, there are 5 airlines which have more than one customer compliant.
Define the event B as the airline that has more than one customer compliant per 1,000 passengers.
The required probability is obtained as given below:
Thus, the probability that a randomly selected airline has more than one customer compliant per 1,000 passengers is 0.5.
d.
Find the probability that a randomly selected AT flight does not have an on-time arrival.
Answer to Problem 1P
The probability that a randomly selected AT flight does not have an on-time arrival is 0.129.
Explanation of Solution
Calculation:
From the given table, the percentage of AT flight has an on-time arrival is 87.1%.
Define the event C as AT flight has an on-time arrival.
The required probability is obtained as given below:
Thus, the probability that a randomly selected AT flight does not have an on-time arrival is 0.129.
Want to see more full solutions like this?
Chapter 5 Solutions
Essentials of Business Analytics (MindTap Course List)
- F Make a box plot from the five-number summary: 100, 105, 120, 135, 140. harrow_forward14 Is the standard deviation affected by skewed data? If so, how? foldarrow_forwardFrequency 15 Suppose that your friend believes his gambling partner plays with a loaded die (not fair). He shows you a graph of the outcomes of the games played with this die (see the following figure). Based on this graph, do you agree with this person? Why or why not? 65 Single Die Outcomes: Graph 1 60 55 50 45 40 1 2 3 4 Outcome 55 6arrow_forward
- lie y H 16 The first month's telephone bills for new customers of a certain phone company are shown in the following figure. The histogram showing the bills is misleading, however. Explain why, and suggest a solution. Frequency 140 120 100 80 60 40 20 0 0 20 40 60 80 Telephone Bill ($) 100 120arrow_forward25 ptical rule applies because t Does the empirical rule apply to the data set shown in the following figure? Explain. 2 6 5 Frequency 3 сл 2 1 0 2 4 6 8 00arrow_forward24 Line graphs typically connect the dots that represent the data values over time. If the time increments between the dots are large, explain why the line graph can be somewhat misleading.arrow_forward
- 17 Make a box plot from the five-number summary: 3, 4, 7, 16, 17. 992) waarrow_forward12 10 - 8 6 4 29 0 Interpret the shape, center and spread of the following box plot. brill smo slob.nl bagharrow_forwardSuppose that a driver's test has a mean score of 7 (out of 10 points) and standard deviation 0.5. a. Explain why you can reasonably assume that the data set of the test scores is mound-shaped. b. For the drivers taking this particular test, where should 68 percent of them score? c. Where should 95 percent of them score? d. Where should 99.7 percent of them score? Sarrow_forward
- 13 Can the mean of a data set be higher than most of the values in the set? If so, how? Can the median of a set be higher than most of the values? If so, how? srit to estaarrow_forwardA random variable X takes values 0 and 1 with probabilities q and p, respectively, with q+p=1. find the moment generating function of X and show that all the moments about the origin equal p. (Note- Please include as much detailed solution/steps in the solution to understand, Thank you!)arrow_forward1 (Expected Shortfall) Suppose the price of an asset Pt follows a normal random walk, i.e., Pt = Po+r₁ + ... + rt with r₁, r2,... being IID N(μ, o²). Po+r1+. ⚫ Suppose the VaR of rt is VaRq(rt) at level q, find the VaR of the price in T days, i.e., VaRq(Pt – Pt–T). - • If ESq(rt) = A, find ES₁(Pt – Pt–T).arrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
- Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt