Business, 20.09.2019 05:30 shadenShaden2037

6. baggage fees. (2.38 in is) an airline charges the following baggage fees: $25 for the first bag and $35 for the second. suppose 54% of passengers have no checked luggage, 34% have one piece of checked luggage and 12% have two pieces. we suppose a negligible portion of people check more than two bags. a) build a probability model, compute the average revenue per passenger, and compute the corresponding standard deviation. b) about how much revenue should the airline expect for a flight of 120 passengers

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6. baggage fees. (2.38 in is) an airline charges the following baggage fees: $25 for the first bag...