Question

An airline that flies from Pittsburgh, Pennsylvania to Denver, Colorado finds that thirty percent of the passengers on this route take advantage of steep discounts (early buyer discounts, frequent flyer discounts, etc...), thirty-five percent pay the regular economy fare, thirty percent pay the business class fare, and the remaining pay the first class fare. What is the probability that a randomly selected passenger pays the first class fare? Give your answer as a decimal or proportion.

Answer 1

the probability distribution of fare is:-

take advantage of steep discounts	regular economy fare	business class fare	first class fare
30% = 0.30	35% = 0.5	30% = 0.30

the probability that a randomly selected passenger pays the first class fare is = 0.05

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