Question: These are the parameters for the overbooking problem: N is the number of seats on the flight in question ( known ) n is the
These are the parameters for the overbooking problem:
N is the number of seats on the flight in question known
n is the number of tickets sold unknown
p is the probability of a person with a ticket to show up for the flight known
gamma gamma is the probability of a flight being overbooked known
Using R: Make a plot that resembles the one below by trialing the code with gamma
The red dots left and above axis and blue above axis correspond to fnequivalently all points above the n axis and the blue points below and above the n axis correspond to fn You will need to find the minimum of fn use "which.min
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