Mathematics, 13.03.2021 06:30 hunterallan569
An airline charges the following baggage fees: $25 for the first bag and $40 for the second. Suppose 48% of passengers have no checked luggage, 33% have only one piece of checked luggage and 19% 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 120 passengers? $
(please round to the nearest dollar)
Answers: 1
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An airline charges the following baggage fees: $25 for the first bag and $40 for the second. Suppose...
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