Question: Based on the data in the table, how many should British Airlines overbook? Probability Number of reservations overbooked No Shows 0 1 2 3 4

Based on the data in the table, how many should

Based on the data in the table, how many should British Airlines overbook? Probability Number of reservations overbooked No Shows 0 1 2 3 4 0 0.16 0 250 500 750 1000 1 0.25 175 0 250 500 750 N 0.24 350 175 0 250 500 3 3 0.19 525 350 175 0 250 4 0.16 700 525 350 175 0 XXX 339.5 232.5 231.75 333 515 O a. Overbook O. Ob. Overbook 1. O c. Overbook 2. O d. Overbook 3. O e. Overbook 4

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