A small feeder airline knows that the probability is .10 that a reservation holder will not show
Question:
(a) If the fight is fully booked, what is the probability that all those with reservations will show up?
(b) If the airline overbooks by selling 11 seats, what is the probability that no one will have to be bumped?
(c) That more than one passenger will be bumped?
*(d) The airline wants to overbook the fight by enough seats to ensure a 95 percent chance that the fight will be full, even if some passengers may be bumped. How many seats would it sell?
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Step by Step Answer:
Let X the number of no shows a If n 10 and 10 then P ...View the full answer
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Related Book For 
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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