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When ticket holders fail to attend, sports teams lose the money these fans would have spent on refreshments, souvenirs, etc. The percentage of fans who don't showup is 21% in basketball and hockey, 12% in football, and 20% in baseball. The lost revenue per fan is $18.25 in basketball, $18.47 in hockey, $19.08 in football, and$15.59 in baseball. The total annual lost revenue is $23.2 million in basketball, $38.7 million in hockey, $53.3 million in football, and $94.6 million in baseball. Expressthis information in matrix form; specify what the rows and columns represent.Fill in the matrix below.Basketball Hockey Football Baseball2118.2519.082112Percent of no-showsLost revenue per fan (5)Lost annual revenue (millions$)2018.4715.5923.238.7053.394.60

User Dio F
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The matrix form is given by

When ticket holders fail to attend, sports teams lose the money these fans would have-example-1
User Carlos Tasada
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