Q. Green Airways flies several daily flights from Dallas to Chicago with 150-seat planes. Based on historical data, the flight on Wednesday evening before Thanksgiving is always sold-out. However, there are usually no-shows, so the airline decides to improve revenue by overbooking. The distribution of no-shows is according to the table below and the airline estimates that the cost of bumping a passenger is about 10 times more than the ticket price. How many seats should Green Airways overbook? Number of no-shows Probability 0 0.01 1 0.10 2 0.63 3 0.26