Question: Pythag - Air - US Airlines has determined that 5 % of its customers do not show up for their flights. If a passenger is

Pythag-Air-US Airlines has determined that 5% of its customers do not show up for their flights. If a passenger is bumped off a flight because of overbooking, the airline pays the customer $200. What is the expected payout by the airline, if it overbooks a 240-seat airplane by 5%?

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