Question: A tour operator has a bus that can accommodate 20 tourists. The operator knows that tourists may not show up, so he sells 23 tickets.

A tour operator has a bus that can accommodate 20 tourists. The operator knows that tourists may not show up, so he sells 23 tickets. The probability that an individual tourist will show up is 92.5%, independent of all other tourists.

a) (4 pts) Explain why this is a binomial experiment. (You need to check each of the 4 properties of Binomial Experiment. Do not just list the properties).

b) (4 pts) Find the probability that the number of people who show up will exceed the capacity of the bus.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

A tour operator offers a popular sight-seeing trip in a 20-seater bus. Based on past experiences, the operator estimates that there is a probability of 0.1 that an individual tourist will not show...

(5 marks] A tour bus can hold 20 tourists. Tickets oosts $15 and are non-refundable. From previous experience, the tour operator estimates there is a 1096 chance of a no-show, independent of other...

Steps in Case Report Writing In no way is this an attempt to set down one standard procedure for report writing, but what is being outlined is a general, organized procedure which can be used as a...

the question is what are the 7Ps of service marketing ? + EL Page view | A Read aloud | Draw Highlight Waymark Holldays Background ... We are celebrating 20 successful years as a tour operator. We...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Introduction Sustaining historic hotels in todays economy requires a great deal of strategic planning and unique marketing. This case study is about a historic hotel in Northwest Arkansas. The GM of...

deploy three large ships, without government assistance and not obliged to stop at every port, in direct competition with Havila. Core activities in the Expedition segment Within the Expedition...

Please answer the question according to the case study of Kingston Family Vineyard no generalization: Which of the investment alternatives would you recommend for Kingston Family Vineyard and why How...

Please answer the case study questions in breif. Thank you so much. Alpine Pearls: A Network Promoting Environmentally Friendly Holidays Dagmar Lund-Durlacher, MODUL University Vienna Anja Hergesell,...

Using DiPasquale and Wheaton?s 4 quadrant model of the property market as a framework and your knowledge of property cycles , discuss your understanding of the current real estate markets in ONE...

You noticed that the family doctor and the specialists that you see consult their PC and hand held computers for practically every diagnosis they make and for every prescription they give you. Does...

Examining the below R output, explain in detail what model was selected for forecasting? (3 marks). Model: IM w/ ARIMA (1,1,1) (2,1,0) [7] errors

what item on the profit and loss sheet should be the same as on the balance sheet

Hi, could someone correctly answer my question I will be sure to rate. If need be please replace any of my answers. An inexperienced accountant prepared this condensed income statement for Sheridan...