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Compute probability the airline will not have enough seat

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Reference no: EM131648540

Question: No-shows. An airline, believing that 5% of passengers fail to show up for flights, overbooks (sells more tickets than there are seats). Suppose a plane will hold 265 passengers, and the airline sells 275 tickets. What's the probability the airline will not have enough seats, so someone gets bumped?

Reference no: EM131648540

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