Solution-Counting on the fact that some people

Counting on the fact that some people

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Hotels often overbook reservations, counting on the fact that some people will cancel at the last minute. A certain hotel chain finds that 80% of the reservations will be used. If we randomly select 15 reservations what is the probability that more than 8 but less than 12 will be used?

Reference no: EM131051682

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Counting on the fact that some people : Hotels often overbook reservations, counting on the fact that some people will cancel at the last minute. A certain hotel chain finds that 80% of the reservations will be used. If we randomly select 15 reservations what is the probability that mor..

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Counting on the fact that some people

Reference no: EM131051682

Reference no: EM131051682

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