A commonly used practice of airline companies is to sell more tickets than actual seats to a
Question:
A commonly used practice of airline companies is to sell more tickets than actual seats to a particular flight because customers who buy tickets do not always show up for the flight. Suppose that the percentage of no-shows at flight time is 2%. For a particular flight with 197 seats, a total of 200 tickets was sold. What is the probability that the airline overbooked this flight?
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3054 076 200 002 098 n 200 ...View the full answer
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Related Book For 
Probability & Statistics For Engineers & Scientists
ISBN: 9780130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
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