An Airline offers two types of ticket at different prices: discount price (at $99) or full price (at $159). The plane has a capacity of 200 seats. The demand for full-fare tickets is normally distributed, with a mean of 150 and a standard deviation of 15. We need to determine the number of seats to be reserved for full price. How many?

Answer rating: 100% (QA)

An Airline offers two types of ticket at different prices discount price at 99 or full price at 15... View the full answer