Determine how many tickets should be sold for a flight

Reference no: EM13179288

Binomial Distribution (normal approx)

Suppose that, on average, 3 % of the purchasers of airline tickets do not appear for the departure of their flight. Determine how many tickets should be sold for a flight on an airplane which has 400 seats, such that with probability 0.95 everybody who appears for the departure of theflight will have a seat. what assumption are you making.

Reference no: EM13179288

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