Question: QUESTION 2 Here is the needed Statistics Table StatTables pd Hampton Inn has 150 rooms with standard queen-size beds. Due to customer no-shows, Hampton Inn

QUESTION 2 Here is the needed Statistics Table
QUESTION 2 Here is the needed Statistics Table StatTables pd Hampton Inn has 150 rooms with standard queen-size beds. Due to customer no-shows, Hampton Inn is considering implementing overbooking The Inn has 150 rooms. And the price per night is $150. The forecast of no show is a normal distribution with mean 17.5, standard deviation of S. The Inn is sensitive about the quality of service it provides, so it estimates the cost of falling to honor a reservation is $300 in fost goodwill and explicit expenses. How many reservations will Hampton Inn take? 135 150 165 None of the above

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