# Question: The manager of a restaurant knows from experience that 70

The manager of a restaurant knows from experience that 70% of the people who make reservations for the evening show up for dinner. The manager decides one evening to overbook and accept 20 reservations when only 15 tables are available. What is the probability that more than 15 parties will show up?

Use a normal distribution to compute the required probabilities also state the assumptions necessary for a binomial distribution, and indicate whether the assumptions are reasonable.

Use a normal distribution to compute the required probabilities also state the assumptions necessary for a binomial distribution, and indicate whether the assumptions are reasonable.

**View Solution:**## Answer to relevant Questions

An advertising research study indicates that 40% of the viewers exposed to an advertisement try the product during the following four months. If 100 people are exposed to the ad, what is the probability that at least 20 of ...According to Money, 59% of full-time workers believe that technology has lengthened their workday.9 If 200 workers are randomly chosen, what is the probability that at least 120 of them believe that technology has lengthened ...Weekly rates of return (on an annualized basis) for certain securities over a given period are believed to be normally distributed with mean 8.00% and variance 0.25. Give two values x1 and x2 such that you are 95% sure that ...Total annual textbook sales in a certain discipline are normally distributed. Forty-five percent of the time, sales are above 671,000 copies, and 10% of the time, sales are above 712,000 copies. Find the mean and the ...The profit (or loss) from an investment is normally distributed with a mean of $11,200 and a standard deviation of $8,250. a. What is the probability that there will be a loss rather than a profit? b. What is the probability ...Post your question