Question: The following case study is based on Chadwick Airlines, a fictitious airline company. Study the extract below and answer the questions set. Chadwick Airlines is
The following case study is based on Chadwick Airlines, a fictitious airline company. Study the extract below and answer the questions set. Chadwick Airlines is a popular airline company that offers cost-effective flights between various locations. Data shows that flights offered by this airline company is on-time 75% of the time which is one reason for its popularity. Data also shows that the mean flight duration from location A to location B is 3.5 hours with a standard deviation of 45 minutes. These flight times follow a normal distribution. 1.1.Write down four conditions that must be satisfied in order to use the Binomial Distribution function
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