The average baggage-related revenue per passenger is $16.30 per passenger.
<h3>Expected value</h3>
Expected value formula: x×p(x)
First step
No passenger=0×.54
No passenger=0
Second step
One checked luggage for first bag=.30×$25
One checked luggage for first bag=$7.50
Third step
Two piece for the first and second bag=.16×($25+$30)
Two piece for the first and second bag=.16×$55
Two piece for the first and second bag=$8.80
Last step
Expected value=$7.50+$8.80
Expected value=$16.30
Therefore the average baggage-related revenue per passenger is $16.30 per passenger.
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Answer:
n=10
Step-by-step explanation:
You need n to be 10 because: y^20= (y^10)^2
Answer:
option d. 30%
Step-by-step explanation:
Data provided in the question:
Now,
The probability density function of the uniform distribution is given as:
Therefore,
The required probability will be
or
= 0.3 × 100%
= 30%
Hence,
The answer is option d. 30%
5. Positive
6. Negative
7. Negative
8. Positive
9. No correlation
10. Positive
11. No correlation
12. Positive
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