Business
Business, 27.06.2019 19:00, hhh4775

An airline pricing analyst has been asked to review a struggling airline’s flights. she has determined that 60% of all flights are profitable to the company after paying pilot, flight attendants, food, fuel, operations costs, etc. when seat utilization of a flight meets the industry average, the flight is profitable 80% of the time. the probability of a flight being profitable and not meeting the seat utilization industry average is 20%. what is the probability that a flight meets the industry average for seat utilization and is not profitable?

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An airline pricing analyst has been asked to review a struggling airline’s flights. she has determin...

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