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TED Talk: Why Do Airlines Sell Too Many Tickets?- Nina Klietsch
Why do airlines sell more seats than they have—and what does math have to do with it? This TED-Ed companion resource explores the economics and ethics of overbooking, using binomial distribution, expected value, and real-world examples to show how companies calculate risks and profits. Designed for high school or college-level economics, math, or business classes, the resource includes 20 engaging discussion questions, a thought-provoking writing prompt, and a debate topic on the ethics of overb
9th - 12th, Adult Education, Higher Education
Business, Economics , Money Math
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