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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 no-shows at flight time is 2%. For a particular flight with 245 seats, a total of 250 tickets were sold. What is the probability that the airline overbooked this flight? Click here to view page 1 of the standard normal distribution table. Click here to view page 2 of the standard normal distribution table. The probability is 0. 1292 . (Round to four decimal places as needed.)
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