Most airlines intentionally oversell each of their flights with the expectation that a small percentage of their passengers will simply not show up. Assume a flight has 280 seats but the airline sells 340 tickets for that same flight. Further assume that each person shows up for the flight with probability 0.85, independently of all other pasengers. Compute the exact probability—i.e., no approximations—that there will be enough seats for all passengers who actually show up. Express your probability to three decimal places.
Most airlines intentionally oversell each of their flights with the expectation that a small percentage of their passengers will simply not show up. Assume a flight has 280 seats but the airline sells 340 tickets for that same flight. Further assume that each person shows up for the flight with probability 0.85, independently of all other pasengers. Compute the exact probability—i.e., no approximations—that there will be enough seats for all passengers who actually show up. Express your probability to three decimal places.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 35E: Find the probability of each event. Rolling a sum of 11 on one roll of three dice
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Most airlines intentionally oversell each of their flights with the expectation that a small percentage of their passengers will simply not show up. Assume a flight has 280 seats but the airline sells 340 tickets for that same flight. Further assume that each person shows up for the flight with
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