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Use the Information Below to Answer the Following Questions)

Question 26

Multiple Choice

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. -What is the expected value of the ticket when a discount is offered on the full fare? [Hint: Choose the approximate value.] A)  $ 442.50 B)  $ 472.00 C)  $ 410.00 D)  $ 501.50 Create a one-way table and answer the following questions.
-What is the expected value of the ticket when a discount is offered on the full fare? [Hint: Choose the approximate value.]


A) $ 442.50
B) $ 472.00
C) $ 410.00
D) $ 501.50

Correct Answer:

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