In a Capacity Management Report from a Well-Known Carrier in the Airline

question 189

Multiple Choice

In a capacity management report from a well-known carrier in the airline industry,the yield is 9.83 cents,load factor is 82.1 percent,and operating expense is 8.28 cents.From these details,the percentage of available seats flown one mile occupied by a paying customer is ________ percent.

• A)9)83
• B)82.1
• C)8)28
• D)18.11
• E)1)55

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Definitions:

Uncertainty

The state or condition in which something is not known or certain, often relating to variables or outcomes in data analysis.

Probability Distribution

A mathematical function detailing every potential value and its corresponding probability that a random variable may assume across a specified interval.

Simple Regression

A statistical method used to examine the linear relationship between one independent variable and one dependent variable.

Regression Model

A statistical approach used to estimate the relationships among variables, commonly used for prediction and forecasting, where one or more independent variables are used to predict the outcome of a dependent variable.