An airline reports that it has been experiencing a 8.5% rate of no-shows on advanced reservations....
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An airline reports that it has been experiencing a 8.5% rate of no-shows on advanced reservations. Among 137 advanced reservations, find the probability that there will be more than 7 no-shows. Use the normal approximation for the binomial distribution. An airline reports that it has been experiencing a 8.5% rate of no-shows on advanced reservations. Among 137 advanced reservations, find the probability that there will be more than 7 no-shows. Use the normal approximation for the binomial distribution.
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we need to check Hhe Conditions In avder to ige he novmal approximation n... View the full answer
Related Book For
Contemporary financial management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
Posted Date:
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