3 The Gambler Hotel in Las Vegas has 300 rooms that each rent for $175 per night. For each reservation accepted, there is a 7% chance that the guest will not arrive. If the heel overbooks, it is 1220 for mack mervation that is not honored Refer to the information above. Suppose that the hotel's manager believes that accepting 320 nightly reservaties is a policy that the hotel should implement Use Excel to as the avenge day pot wing the manager's policy Use 1000 replications For the tootar, press ALTP16C) or ALT10 (Ma BIV Paragraph Arial 10pt =