Airlines Monitor the Causes of Flights Arriving Late

question 98

Short Answer

Airlines monitor the causes of flights arriving late. 75% of flights are late because of weather, 35% of flights are late because of ground operations. 10% of flights are late because of weather and ground operations. What is the joint probability that a flight arrives late because of weather and ground operations?

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Definitions:

Financial Accounting

The branch of accounting that is concerned with recording transactions using generally accepted accounting principles (GAAP) for a business or other economic unit and with a periodic preparation of various statements from such records.

Business

An organization in which basic resources (inputs), such as materials and labor, are assembled and processed to provide goods or services (outputs) to customers.

Senior Executives

High-ranking employees in a business who are responsible for making major corporate decisions, usually part of the company’s top management.

Criminally Prosecuted

The process of being charged with and tried for a criminal offense by legal authorities.