I'm learning the exact same thing so give me some question and I can see what I can do!
Answer:
The expected revenue of an airline ticket sold by this travel website is $408
Step-by-step explanation:
For the revenues per ticket we have;
airline A; 600
airline B; 360
For the probability of choosing the airlines we have;
airline A; 20% = 0.2
airline B; 80% = 0.8
Therefore, the expected revenue of an airline ticket sold by this travel website is;
600(0.2) + 360(0.8) = 408
Therefore, the expected revenue of an airline ticket sold by this travel website is $408
Sam has 4 dogs AND His friend Erick hace him 4 More??
