A small commuter airline flies planes that can seat up to 8 passengers. The airline has determined

Question:

A small commuter airline flies planes that can seat up to 8 passengers. The airline has determined that the probability that a ticketed passenger will not show up for a flight is 0.2. For each flight the airline sells tickets to the first 10 people placing orders. The probability for the number of tickets sold per flight is shown in the accompanying table. For what proportion of the airline's flights does the number of ticketed passengers showing up exceed the number of available seats? (Assume independence between the number of tickets sold and the probability that a ticketed passenger will show up.)

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...