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Airtrans flight #307 can accomodate 50 passengers, but the flight is over- booked, as 52 tickets were sold. Each ticketed passenger can arrive late and

Airtrans flight #307 can accomodate 50 passengers, but the flight is over- booked, as 52 tickets were sold. Each ticketed passenger can arrive late and miss the flight with a probability 0.02. What is the probability that no passenger arrives late? What is the probability that exactly one passanger arrives late? What is the probability that Airtran has to pay overbooking fees (and reschedule passengers to different flights)?

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