Use the Table to Find the Probability If a Flight Is Selected at Random, Find the Probability

question 161

Multiple Choice

Use the table to find the probability.
-The following table contains data from a study of two airlines which fly to Small Town, USA. $\begin{array}{l|cc} & \begin{array}{r}\text { Number of flights } \\\text { arrived on time }\end{array} & \begin{array}{r}\text { Number of flights } \\\text { arrived late }\end{array} \\\hline \text { Podunk Airlines } & 33 & 6 \\\text { Upstate Airlines } & 43 & 5\end{array}$

If a flight is selected at random, find the probability that the flight is on Upstate Airline given the flight is late.

• A) \(\frac { 5 } { 11 }\)
• B) \(\frac { 5 } { 87 }\)
• C) \(\frac { 5 } { 48 }\)
• D) None of the above is correct.

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Definitions:

Nonmonetary Costs

Costs not easily quantified in monetary terms, including time, effort, and emotional investment made by consumers in association with a purchase.

Marketers

Professionals or organizations that engage in activities designed to identify, anticipate, and satisfy customer needs profitably.

Transactional Cost

The expenses incurred during a trade or deal, including costs of information, negotiation, and enforcement of contracts.

Special Occasion

Events or dates that hold particular significance and often call for celebration or recognition, which can influence consumer behavior.