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MANAGERIAL STATISTICS QUESTION: PLEASE PROVIDE WORK AND FORMULAS PER QUESTION Suppose an airline sees that 10% of the customers who reserve seats don't show up.
MANAGERIAL STATISTICS QUESTION: PLEASE PROVIDE WORK AND FORMULAS PER QUESTION
Suppose an airline sees that 10% of the customers who reserve seats don't show up. If it sells four tickets, (a) what is the chance everyone shows up? (b) What is the chance only three people show up? You can assume customers behave independently of each other.
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