8. An airline always overbooks if possible. A particular plane has 95 seats on a ight in which a ticket sells for $300. The airline sells 100 such tickets for this ight. If the probability of an individual not showing up is 0.05, assuming independence, what is the probability that the airline can accommodate all the passengers who do show up. Use the Poisson approximation. Hint: Let Y the number of no- shows. In order for all passengers to have a seat, how small must Y be? Explain. [ans: .560]