airline found that about 2% of the people making reservations on se the airline overbooks this flight by selling 267 ticket reservation bility that a person holding a reservation will show up for the flight
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Hi how would u figure this out?
Let r be the random variable such that a number of persons holding a reservation will show up for the flights.
N: Total number of ticket reservations.
P: The probability that selected persons holding a reservation will show up for the flights.=
The success in this experiment is selected persons holding a reservation will show up for the flights.
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