Suppose you are managing bookings for a hotel. Let NoShow be a random variable indicating whether a customer holding a reservation is a "no show" - that is, cancels their reservation at the last minute or simply does not show up. Let NoShow = 1 denote that the customer is a "no show," and let NoShow = 0 denote that the customer arrives and occupies the reserved room. Let Holiday be the random variable for whether reservation includes a holiday with Holiday = 1 indicating the reservation includes a holiday and Holiday = 0 indicating the reservation does not include a holiday. The joint distribution of NoShow and Holiday is provided below.