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

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

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