Use the Data Set Shown Below to Answer the Following

question 71

Multiple Choice

Use the data set shown below to answer the following question(s) . The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-For the data given above,what is the approximate net revenue of the ticket booking counter?

• A)about $2,800
• B)about $3,900
• C)about $4,800
• D)about $5,900

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Definitions:

North America

A continent located in the Northern Hemisphere and almost entirely within the Western Hemisphere, comprising countries like the United States, Canada, and Mexico.

Sexual Orientation

An individual's pattern of emotional, romantic, or sexual attraction to others, which can include heterosexuality, homosexuality, bisexuality, among others.

Tolerant of Homosexuals

Showing acceptance and openness towards individuals who identify as homosexual, supporting their rights and acknowledging their sexual orientation without prejudice.

Attitude

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor, shaping how individuals think, feel, and behave.