# STATS Question – A flight from Long Beach to Seattle

A flight from Long Beach to Seattle has 150 seats. The airline knows that the number ofcancellation will vary according to the following table. The fare is \$400 and the estimated deniedboarding cost is \$900; so, the net denied boarding cost is \$900-\$400=\$500. How many seatsshould the airline sell for this flight in order to maximize the expected revenue?#cancellationProbability10.220.230.240.250.160.1
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# STATS Question – A flight from Long Beach to Seattle

A flight from Long Beach to Seattle has 150 seats. The airline knows that the number ofcancellation will vary according to the following table. The fare is \$400 and the estimated deniedboarding cost is \$900; so, the net denied boarding cost is \$900-\$400=\$500. How many seatsshould the airline sell for this flight in order to maximize the expected revenue?#cancellationProbability10.220.230.240.250.160.1
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