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Bus. 4.112 Airlines overbook (sell more tickets than there are seats) flights, based on past records that indicate that approximately 5% of all passengers fail

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Bus. 4.112 Airlines overbook (sell more tickets than there are seats) flights, based on past records that indicate that approximately 5% of all passengers fail to arrive on time for their flight. Sup- pose a plane will hold 250 passengers, but the airline books 260 seats. What is the probability that at least 1 passenger will be bumped from the flight

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