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A common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who
A common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for the flight. Suppose that the percentage of noshows at flight time is For a particular flight with seats, a total of tickets were sold. What is the probability that the airline overbooked this flight?
Click here to view page of the standard normal distribution table.
Click here to view page of the standard normal distribution table.
The probability is
Round to four decimal places as needed.
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