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A commonly used practice of airline companies is to sell

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A commonly used practice of airline companies is to sell more tickets than actual seats to a particular flight because customers who buy tickets do not always show up for the flight. Suppose that the percentage of no-shows at flight time is 2%. For a particular flight with 197 seats, a total of 200 tickets was sold. What is the probability that the airline overbooked this flight?

Reference no: EM13576857

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