Suppose that, when an airplane waits on the runway, the company must pay each customer a fee

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Suppose that, when an airplane waits on the runway, the company must pay each customer a fee if the waiting time exceeds 3 hours. Suppose that an airplane with 72 passengers waits an exponential amount of time on the runway, with average 1.5 hours. If the waiting time X, in hours, is bigger than 3, then the company pays each customer (100) (X - 3) dollars (otherwise, the company pays nothing). What is the amount that the company expects to pay for the 72 customers on the airplane altogether? (Of course there waiting times are all the same.)
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Introduction to Probability

ISBN: 978-0716771098

1st edition

Authors: Mark Daniel Ward, Ellen Gundlach

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