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Author Question: For the data given above, the number of reservations made is obtained using the formula ________. ... (Read 79 times)

dmcintosh

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on: Jun 24, 2018
For the data given above, the number of reservations made is obtained using the formula ________.
 
  A) MIN(Reservation limit, Customer demand)
  B) Seats available - Reservation limit
  C) Price + Overbooking cost
  D) MAX(0, Customer demand)

Question 2

Since there are seven days in a week, there is a 14 chance that a meeting will be held on a Monday. This is an application of the ________ definition of probability.
 
  A) relative frequency
  B) classical
  C) subjective
  D) conditional
Statistics, Data Analysis, and Decision Modeling ¦ Evans ¦ 5th Edition
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moormoney

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Reply #1 on: Jun 24, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dmcintosh

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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