Airline Mishandled Bags Probability

What is the probability that the airline will have no mishandled bags in the next 1,000 passengers?

Calculate the probability of no mishandled bags in the next 1,000 passengers for Airline A.

Probability of No Mishandled Bags

The probability that the airline will have no mishandled bags in the next 1,000 passengers is approximately 0.9947.

One year, Airline A had 5.27 mishandled bags per 1,000 passengers. To calculate the probability of no mishandled bags in the next 1,000 passengers, we use the formula:

P(event) = 1 - (mishandled bags per 1,000 passengers) / 1000

Substitute the given value of 5.27 into the formula:

P(no mishandled bags) = 1 - (5.27 / 1000)

After calculation, the probability of Airline A having no mishandled bags in the next 1,000 passengers is approximately 0.9947.

It shows that Airline A has a high probability of serving the next 1,000 passengers without any mishandled bags, providing a reliable and efficient service to its customers.

← Accrual accounting treatment for gift card sales by miad corp Creating a successful incentive system for strategy execution →

More Posts: