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Question 12

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Use the information below to answer the following questions) . Below is a decision tree for the airline revenue management. Use the information below to answer the following questions) . Below is a decision tree for the airline revenue management. Create a one-way table and answer the following questions. -If the probability of selling the full-fare ticket is 0.80, what is the expected value of the ticket? A) $ 442.50 B) $ 472.00 C) $ 501.50 D) $ 531.00 Create a one-way table and answer the following questions.
-If the probability of selling the full-fare ticket is 0.80, what is the expected value of the ticket?


A) $ 442.50
B) $ 472.00
C) $ 501.50
D) $ 531.00

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