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Nitella [24]
3 years ago
11

You are thinking about the things that can go wrong on your trip home over the Thanksgiving break. You have booked a flight with

US-Scareways. You know that in 38% of the cases the company has canceled the flight you were on. Should such a thing occur, there would be no other air travel option home for you. As a backup, your friend Walter has offered you a ride back. However, you know that Walter only has a seat in his car for you with 72% probability. What is the probability of you making it home for the holidays?
Business
1 answer:
victus00 [196]3 years ago
3 0

Answer:

The probability of you making it home for the holidays is:

= 45%.

Explanation:

a) Data and Calculations:

Probability of Scareways flights being canceled = 38%

Probability of successfully traveling with Scareways = 62% (100 - 38%)

Probability of getting a seat in Walter's car = 72%

Therefore, the probability of making it home for the holidays = the combined probabilities (either Scareways flight or Walter's car)

= 62% * 72%

= 0.62 * 0.72

= 0.4464

= 45%

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Answer:Highlight celebrities who use Sumac e-readers.

Explanation:

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A good strategy for maintaining their position can be done through putting spot-light on the celebrity users of Sumac e-reader.This will be highlighted among celebrity fans or followers and general customers. It will promote or inspire people to purchase Sumac e-reader more as celebrities are using their product.

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4 years ago
New technology lowering the costs of production will cause the equilibrium price to ______________ and the equilibrium quantity
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3 years ago
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Which scenario below is an example of complementary products, based on their cross-price elasticity?A. Bananas and lettuce, with
ipn [44]

Answer: B. Shampoo and conditioner, with an elasticity of -3.5.

Explanation:

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The actual question showed that Conditioner and Shampoo had a cross-price elasticity of -3.5 so this is the correct answer.

3 0
3 years ago
A 5-year corporate bond yields 9.70%. A 5-year municipal bond of equal risk yields 6.5%. Assume that the state tax rate is zero.
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Answer:

c. 32.99%

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3 years ago
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Answer:

A. a separate schedule.

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