In a hotel, a guest at a wedding pays 100 euros per person for an overnight stay and 10 euros for breakfast. If a guest uses the minibar, the cost is 12 euros. Experience has shown that wedding guests book as follows: • 80% book an overnight stay with breakfast • 15% also use the minibar in addition to the booked overnight stay with breakfast • 5% book an overnight stay without breakfast and do not use the minibar either a) A total of 80 guests have announced their wedding at the hotel. - What is the overall turnover of these guests?

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...
icon
Related questions
icon
Concept explainers
Topic Video
Question

Question 2 

please only answer a) and give an answer sentence ! Thanks

In a hotel, a guest at a wedding pays 100 euros per person for an overnight stay and 10 euros for breakfast. If a guest uses the minibar, the cost is 12 euros. Experience has shown that wedding guests book as follows:

• 80% book an overnight stay with breakfast

• 15% also use the minibar in addition to the booked overnight stay with breakfast

• 5% book an overnight stay without breakfast and do not use the minibar either

a) A total of 80 guests have announced their wedding at the hotel.

- What is the overall turnover of these guests?

- Calculate a measure for the theoretical fluctuation in the turnover of a guest. What is your calculated measure?

- What is the approximate probability that the total turnover of these guests is over 8,860 euros?

- What is the maximum total turnover of these guests with a probability of 93%?

Expert Solution
steps

Step by step

Solved in 2 steps with 4 images

Blurred answer
Knowledge Booster
Application of Algebra
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON