A common practice of airline companies is to sell more tickets for a particular flight than...

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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, bec -27 0.00% 0.0034 0.0033 0.0032 0.0031 -2.6 0.0047 0.00450.004 0.00483 0.0041 25 0.0062 0.0060 0.0059 0.0057 0.0055 -2.4 0.008

math Statistics-And-Probability

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Answer 1

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Given that, n = 175, p=0.02 =np = 175*0.02 = 3.5 o= mp (1– p) = V175*0.02*(1-0.02) =1.8520 The plane is overbooked if the num

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A common practice of airline companies is to sell more tickets for a particular flight than...

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