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A common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for the flight. Suppose that the percentage of no-shows at flight time is 2%. For a particular flight with 246 seats, a total of 250 tickets were sold. What is the probability that the airline overbooked this flight?

A common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for the flight. Suppose that the percentage of no-shows at flight time is 2%. For a particular flight with 246 seats, a total of 250 tickets were sold. What is the probability that the airline overbooked this flight?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for the flight. Suppose that the percentage of no-shows at flight time is 2%. For a particular flight with 246 seats, a total of 250 tickets were sold. What is the probability that the airline overbooked this flight?
Transcribed Image Text:A common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for the flight. Suppose that the percentage of no-shows at flight time is 2%. For a particular flight with 246 seats, a total of 250 tickets were sold. What is the probability that the airline overbooked this flight?
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