Probability that more than 15 parties will show up

Reference no: EM13982809

1. The manager of a restaurant knows from experience that 70% of the people who make reservations for the evening show up for dinner. The manager decides one evening to overbook and accept 20 reservations when only 15 tables are available. What is the probability that more than 15 parties will show up?

2. An advertising research study indicates that 40% of the viewers exposed to an advertisement try the product during the following four months. If 100 people are exposed to the ad, what is the probability that at least 20 of them will try the product in the following four months?

Reference no: EM13982809

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