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Author Question: On one busy holiday weekend, a national airline has many requests for standby flights at half of the ... (Read 62 times)

krzymel

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on: Jan 16, 2020
On one busy holiday weekend, a national airline has many requests for standby flights at half of the usual one-way air fare. However, past experience has shown that these passengers have only about a 1 in 5 chance of getting on the standby flight. When they fail to get on a flight as a standby, their only other choice is to fly first class on the next flight out. Suppose that the usual one-way air fare to a certain city is $100 and the cost of flying first class is $490. Should a passenger who wishes to fly to this city opt to fly as a standby? [Hint: Find the expected cost of the trip for a person flying standby.]
Statistics: Informed Decisions Using Data ¦ Sullivan ¦ 5th Edition
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Marked as best answer by krzymel on Jan 16, 2020

al

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Reply #1 on: Jan 16, 2020
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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krzymel

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Reply 2 on: Jan 16, 2020
Excellent

scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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