A golf instructor offers 1-hour private lessons from 2 pm to 6 pm every Saturday afternoon. His hourly rate is $60. The instructor takes appointments during the weekdays. Recently, the instructor receives quite a few late cancellations in Saturday morning. He can do nothing given the short notice. Therefore, the instructor institutes an overbooking policy. In case a customer cannot be served, the instructor will give a $40 certificate (he buys it from the golf club) for a free round of golf. The number of no-shows can be 1, 2, 3, or 4, each with a probability of 0.25. How many reservations should the instructor take

The answer is 8.

Step-by-step explanation:

He is guaranteed to make $240 between 2 and 6 pm every Saturday afternoon. For each time that both of the 2 customers booked for the same hour does not cancel, he earns only $20. Considering that the probability of cancellation is 25%, if he books 8 customers for the 4 hour period on Saturday afternoon, he is making an extra $80 which bumps up his total earnings to $320. If he accepts any booking after 8, each is going to cost him $40. So the total number of reservations he should take is 8.

I hope this answer helps.

d

step-by-step explanation:

hello and welcome!

so, when we see the words "proportional" along with a table, we need to know that we're looking numbers that divide by the same thing.

looking at this table, we simply have to do a trial and error, and divide to see which numbers have the same quotient. if you look at choice a & c, they both have equal quotients for three of the numbers, with one exception, so those can't be the answer. looking at b, there is no similarity, so that can't be it. then, we see d; if you divide all the numbers in the table, you'll see that they all divide by two, which is a proportional relationship, and our answer!

also, always remember that the x will always be the number that goes into y, and somewhere behind this table, is a formula. for this specific table, the formula would be:

since our x-value is being divided by two to get the y-value. and if they were to ask for more numbers in the series, this is the formula you would use to find them.

step-by-step explanation:

we are given

since, we have to isolate x on anyone side

so, we can move all x terms on one side

subtract both sides by 2x

add both sides by 9

divide both sides by 4

we get