A Major Airline Keeps Track of Data on How Their

question 22

Essay

A major airline keeps track of data on how their passengers redeem frequent flyer
miles. They found that in the last year 58% of passengers redeemed them to purchase
tickets for domestic travel, 44% redeemed them to purchase tickets for international
travel, and that 16% redeemed them to purchase tickets for both domestic and
international travel.
A. What is the probability that in the last year a passenger redeemed frequent flyer miles
to purchase a ticket for domestic or international travel?
b. What is the probability that in the last year a passenger did not redeem frequent flyer
miles to purchase a ticket for domestic or international travel?
c. Is redeeming frequent flyer miles to purchase a ticket for domestic and international
travel mutually exclusive? Explain.

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Definitions:

Economic Transformations

Significant and widespread changes in the structure of an economy, often involving shifts from agricultural to industrial or service-based sectors.

Agricultural Revolution

denotes a period of significant agricultural development and innovation, leading to increased productivity and societal transformation.

Industrial Revolution

A period of significant industrial growth and technological innovation, beginning in the late 18th century, that transformed primarily agrarian societies into industrial ones.

Postindustrial Revolution

The postindustrial revolution describes the shift from manufacturing-based economies to ones primarily focused on services, information, and technology, signaling changes in workforce demands and economic structures.