Multiple Choice
Use the data set shown below to answer the following question(s) . The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-For the data given above,what is the approximate net revenue of the ticket booking counter?
A) about $2,800
B) about $3,900
C) about $4,800
D) about $5,900
Correct Answer:

Verified
Correct Answer:
Verified
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