1.Areas under the standardized nomal curve, from-to-z .07 06 .05 .04 03 .02 01 .
ID: 409851 • Letter: 1
Question
1.Areas under the standardized nomal curve, from-to-z .07 06 .05 .04 03 .02 01 .00 0003 0003 000003 0004 0004 0 3 0000003 0002 0003 0003 0004 0005 0005 0005 0006 0006 0006 0006 0006 0007 0007 0007 0007 00080008 0008 0008 0009 0009 0009 00103.1 0010 0010 0011 0011 0012 0012 0013 0013 0013 3.0 -3.4 -3.3 00030003 0004 0004 0005 0005 0005 0014 0014 0015 0015 0016 0016 0017 0018 00180019 29 0019 0020 0021 0022 0023 0023 0024 0025 0026 0026 0027 00280029 0030 0031 0032 0033 00340035 0036 0037 0 0039 0040 0041 0043 0044 0045 0047 0048 0049 0052 0054 0055 0057 0059 0060 0062 0064 0066 0068 0069 0 0073 0075 0078 0080 0082 -24 0084 0087 0089 009 004 0096 0099 0102 0104 .0107 0110 0113 0116 0119 0122 0125 0129 0132 0136 0139 -2.2 0143 ,0146 0150 .01 54 .0158 .0162 .0166 0170 .0174 .0179-21 0183 0188 0192 0197 0202 0207 0212 0217 0222 0228 -20 0233 0239 0244 0250 0256 0262 0268 0274 0281 .0287 0294 .0301 0307 .0314 .0322 ,0329 .0336 .0344 .0351 .0359 0367 0375 8 0392 040 0409 0418 0427 0436 0446 0455 .0465 0475 .0485 ,0495 .0505 .0516 .0526 .0537 .0548 0559 .0571 0582 .0594 .0016 .0018 .0630 .0643 .0055 .0668 1.9 1.8 1.7 1.6 1.5 0681 0694 0 721 0735 0749 0764 0778 0793 0808 0823 0838 0853 089 885 0901 0918 0934 0951 0968 -13 0985 1003 1020 1038 1170 110 1210 1230 125 1379 .1401 1.4 1056 1075 1093 12 1131 1271 151 -1.2 1292 1314 1335 357 -1.1 1492 1515 1539 1562 5871.0 1423 1446 1469 1635 1611 1867 1894 1922 1949 2148 .2177 .2206 .2236 .2266 .2296 .2327 .2358 .2389 .2420-0.7 2451 .2483 .2514 .2546 .2578 .2611 .2643 .2676 .2709 .2743-0.6 2776 2810 2843 2877 2912 2946 2981 305 3050 3085 -0.5 1660 1685 1736 1762 1788 1814184 -0.9 1977 2005 2033 206 2090 2119 -0.8 3121 .3156 3192 .3228 .3264 .3300 .3336 3372 .3409 .3446-0.4 3483 .3520 .3557 .3594 .3632 .3869 .3707 3745 .3783 .3821 3859 3897 3936 3974 4013 4052 4090 129 4168 4207 4247 4286 25 4364 4404 4443 4483 4522 4562 4602 4641 4681 2 0.1 4761 4801 4840 480 920 960 5000 -0.0Explanation / Answer
Marginal Loss = 192
Marginal profit = 92
Pc = 192 / 92+192 = 192/284 = 0.676
The corresponding value of z will be -0.454
now -0.454 = N-14 /4.6 where N is the number of seats booked and 4.6 is the given S.D.
N = 14-0.454x4.6 = 14-2.0884 =12 seats
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