Assume that, on average, 95% of all ticket holders show up for a flight. If a plane

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Assume that, on average, 95% of all ticket holders’ show up for a flight. If a plane seats 200 people, how many tickets should be sold to make the chance of an overbooked flight as close as possible to 5%?

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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Question Posted: Apr 01, 2015 10:56 AM

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Assume that, on average, 95% of all ticket holders show up for a flight. If a plane

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Data Analysis and Decision Making

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