A popular resort hotel has 300 rooms and is usually fully booked. About 11% of the time a reservation is canceled before the 6:00p.m. deadline with no penalty. What is the probability that at least 264 rooms will be occupied? Use the binomial distribution to find the exact value. The probability is (Round to four decimal places as needed.) A popular resort hotel has 300 rooms and is usually fully booked. About 11% of the time a reservation is canceled before the 6:00p.m. deadline with no penalty. What is the probability that at least 264 rooms will be occupied? Use the binomial distribution to find the exact value. The probability is (Round to four decimal places as needed.)