Question

An airline company has a policy of routinely overbooking flights. The following probability distribution table shows...

An airline company has a policy of routinely overbooking flights. The following probability distribution table shows the random variable, x, where x is number of passengers who cannot be boarded because there are more passengers than seats:

x

P(x)

0

.07

1

.14

2

.27

3

.33

4

.19

(a) Determine the mean of x (Round the answer to two decimal places). (b) Determine the standard deviation of x. (Round the answer to two decimal places)

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
An airline company has a policy of routinely overbooking flights. The following probability distribution table shows...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Allegiant Airlines is considering an overbooking policy for one of its flights. The airplane has 50...

    Allegiant Airlines is considering an overbooking policy for one of its flights. The airplane has 50 seats, but Allegiant is considering accepting more reservations than seats because sometimes passengers do not show up for their flights, resulting in empty seats. The PassengerAppearance worksheet in the file Overbooking contains data on 1,000 passengers showing whether or not they showed up for their respective flights. Click on the datafile logo to reference the data. Data table summary- is 43 NO and 957...

  • Airlines sometimes overbook flights. Suppose that for a plane with 50 seats, 55 passengers have tickets

    Airlines sometimes overbook flights. Suppose that for a plane with 50 seats, 55 passengers have tickets. Define the random variable Y as the number of ticketed passengers who actually show up for the flight. The probability mass function of Y appears in the accompanying table. Calculate V(Y) and ơr (Round your variance to four decimal places and your standard deviation to two decimal places.) Determine the probability that Y is within 1 standard deviation of its mean value.

  • The Los Angeles Times (Dec. 13, 1992) reported that 75% of airline passengers prefer to sleep...

    The Los Angeles Times (Dec. 13, 1992) reported that 75% of airline passengers prefer to sleep on long flights than watch movies, read, etc. Consider randomly selecting 25 passengers from a particularly long flight and you are willing to consider this as a random sample of the population of all passengers on long flights. (1) What is the probability that exactly 18 passengers slept on the flight? (Show what you typed into the calculator, define n, p, and r, and...

  • A small airline has a policy of booking as many as 59 persons on an airplane...

    A small airline has a policy of booking as many as 59 persons on an airplane that can seat only 51. {Past studies have revealed that only 76% of the booked passengers actually arrive for the flight.) Find the probability that if Air-USA books 59 persons, not enough seats will be available. Probability = (Please show your answer to 4 decimal places.)

  • Because many passengers who make reservations do not show up, airlines often overbook flights (sell more...

    Because many passengers who make reservations do not show up, airlines often overbook flights (sell more tickets than there are seats). A certain airplane holds 154 passengers. If the airline believes the rate of passenger no-shows is 7% and sells 166 tickets, is it likely they will not have enough seats and someone will get bumped? a) Use the normal model to approximate the binomial to determine the probability of at least 155 passengers showing up. b) Should the airline...

  • Overweight baggage. Suppose weights of the checked baggage of airline passengers follow a nearly normal distribution...

    Overweight baggage. Suppose weights of the checked baggage of airline passengers follow a nearly normal distribution with mean 40 pounds and standard deviation 2.5 pounds. Most airlines charge a fee for baggage that weigh in excess of 50 pounds. Determine what percent of airline passengers incur this fee. Round your answer to four decimal places. %

  • Problem 13-43 Offwego Airlines has a daily flight from Chicago to Las Vegas. On average, 19...

    Problem 13-43 Offwego Airlines has a daily flight from Chicago to Las Vegas. On average, 19 ticket holders cancel their reservations, so the company intentionally overbooks the flight. Cancellations can be described by a normal distribution with a mean of 19 passengers and a standard deviation of 5.90 passengers. Profit per passenger is $99. If a passenger arrives but cannot board due to overbooking, the company policy is to provide a cash payment of $199. Use Table B. How many...

  • solve the following questions- 1. Suppose that a random variable X follows gamma distribution with shape...

    solve the following questions- 1. Suppose that a random variable X follows gamma distribution with shape parameter α and scale β. Determine the values of α and β given that E(X) = 8 and Var(X) = 32. 2. A commonly used practice of airline companies is to sell more tickets than actual seats to a particular flight because customers who buy tickets do not always show up for the flight. Suppose that the percentage of no shows at flight time...

  • Offwefly Airlines has a daily flight from Sacramento to Las Vegas with a capacity of 100...

    Offwefly Airlines has a daily flight from Sacramento to Las Vegas with a capacity of 100 passengers. On average, 18 ticket holders cancel their reservations at the last minute, so the company intentionally overbooks the flight. Cancellations can be described by a normal distribution with a standard deviation of 2.2. Profit per passenger is $189. If a passenger arrives but cannot board due to overbooking, the company policy is to provide compensation of $131. What is the optimal probability of...

  • Suppose x has a distribution with μ = 27 and σ = 19. (a) If a...

    Suppose x has a distribution with μ = 27 and σ = 19. (a) If a random sample of size n = 42 is drawn, find μx, σx and P(27 ≤ x ≤ 29). (Round σx to two decimal places and the probability to four decimal places.) μx = σx = P(27 ≤ x ≤ 29) = (b) If a random sample of size n = 62 is drawn, find μx, σx and P(27 ≤ x ≤ 29). (Round σx...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT