Unoccupied Seats on Flights Cause Airlines to Lose Revenue

question 66

Multiple Choice

Unoccupied seats on flights cause airlines to lose revenue.Suppose a large airline wants to estimate its average number of unoccupied seats per flight over the past year.225 flight records are randomly selected and the number of unoccupied seats is noted with a sample mean of 11.6 seats and a standard deviation of 4.1 seats.Calculate a 90% confidence interval for ,the mean number of unoccupied seats per flight during the past year.

• A)[4.86 18.34]
• B)[11.25 11.95]
• C)[11.57 11.63]
• D)[11.15 12.05]
• E)[11.30 12.20]

Describe the importance of cultural competence in achieving effective intercultural communication.

Recognize the significance of web accessibility in reaching broader audiences.

Understand the impact of societal norms and orientations on business practices across different cultures.

Understand the role and impact of nonverbal signals in communication.

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Definitions:

Purchases Discounts

Reductions in price given by suppliers for early payment of invoices.

Freight In

The cost associated with transporting goods into a warehouse, typically considered a part of the inventory cost.

Multiple-Step Income Statement

An income statement that breaks down revenues and expenses into separate categories, such as operating and non-operating, to highlight different aspects of business performance.

Administrative Expenses

Expenses related to the general operations of a business, such as salaries of non-sales personnel and office supplies.