how to calculate question 9? On a given Hong Kong-Singapore flight, there are 300 seats. Suppose the ticket price is $450 and the number ofpassengers who reserve a seat but do not show up for departure is normally distributed with mean 40 and standarddeviation 14. You decide to overbook the flight and estimate that the cost of an involuntary boarding denial (if thenumber of passengers exceeds the number of seats) is $1350 (including full refund of purchase).(8) The optimal number of reservations that you should accept (rounded to the nearest integer) isCu =(A) 328(В) 334(C) 340(D) 346(E) 3527: 0.4340 Ho.43)(14)(9) Suppose you have decided to accept the above optimal number of reservations computed in (8). Then what isthe probability that you won't need deal with bumped passengers? (*Note: The number of no shows is discrete).(A) 33%(B) 43%(C) 57%(D) 69%

Given: Number of seats = 300 Mean μ = 40 Standard deviation σ = 14 The optimal number of…

Answered: On a given Hong Kong-Singapore flight,…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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