As a promotional offer, a newly opened movie theatre is awarding 25% of their new patrons with a complimentary dinner, and the rest are given a free drink. To boost their sales of tickets online, they allocated 51% of the complimentary dinners and 50% of the free drinks to tickets that are sold online. a. If a movie-goer purchased their ticket online, what is the probability of them

As a promotional offer, a newly opened movie theatre is awarding 25% of their new patrons with a complimentary dinner, and the rest are given a free drink. To boost their sales of tickets online, they allocated 51% of the complimentary dinners and 50% of the free drinks to tickets that are sold online. a. If a movie-goer purchased their ticket online, what is the probability of them

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Description: As a promotional offer, a newly openedmovie theatre is awarding 25% of theirnew patrons with a complimentary dinner,and the rest are given a free drink. Toboost their sales of tickets online, theyallocated 51% of the complimentarydinners and 50% of

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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The Business School at State University currently has three parking lots, each containing 155 spaces. Two hundred faculty members have been assigned to each lot. On a peak day, an average of 70% of all lot 1 parking sticker holders show up, an average of 72% of all lot 2 parking sticker holders show up, and an average of 74% of all lot 3 parking sticker holders show up. a. Given the current situation, estimate the probability that on a peak day, at least one faculty member with a sticker will be unable to find a spot. Assume that the number who show up at each lot is independent of the number who show up at the other two lots. Compare two situations: (1) each person can park only in the lot assigned to him or her, and (2) each person can park in any of the lots (pooling). (Hint: Use the RISKBINOMIAL function.) If needed, round your answer to a whole percentage and if your answer is zero, enter "0". No pooling: Pooling: 51.4 % 83.8 % b. Now suppose the numbers of people who show up at…
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