All the information is given and is complete. Im having trouble calculating weighted costs compared to unweighted costs.3. Your company is going on a company retreat and you purchased plane tickets for everyone. However, youbought the tickets on different airlines and the cost was different for each airline. Calculate the weightedaverage cost of plane tickets for the retreat. Interpret your results in context. Airlines Number of … Show more… Show more3b) Using the same data as above, calculate the unweighted average price of the plane tickets across airlines. Describe when the weighted and unweighted averages would be most useful to use.MathStatistics and Probability STAT 121
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