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Mathematics, 12.11.2019 07:31 memorybuxton

Air-usa has a policy of booking as many as 24 persons on an airplane that can seat only 22. (past studies have revealed that only 86% of the booked passengers actually arrive for the flight.) find the probability that if air-usa books 24 persons, not enough seats will be available. prob = is this probability low enough so that overbooking problems will be unusual? (define unusual as having probability 5% or less) yes, it is low enough no, it is not low enough what about defining unusual as 10% or less? no, it is not low enough yes, it is low enough

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