Assume that, on average, 95% of all ticket holders show up for a flight. If a plane

Question:

Assume that, on average, 95% of all ticket holders’ show up for a flight. If a plane seats 200 people, how many tickets should be sold to make the chance of an overbooked flight as close as possible to 5%?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Data Analysis And Decision Making

ISBN: 415

4th Edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

Question Posted: