A popular resort hotel has 700 rooms and is usually fully booked. About 6% of the time a reservation is canceled before the 6:00 p.m. deadline with no penalty. What is the probability that at least 644 rooms will be occupied? Use the binomial distribution to find the exact value.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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A popular resort hotel has 700 rooms and is usually fully booked. About 6% of the time a reservation is canceled before the 6:00 p.m. deadline
with no penalty. What is the probability that at least 644 rooms will be occupied? Use the binomial distribution to find the exact value.
The probability is
(Round to four decimal places as needed.),
Transcribed Image Text:K A popular resort hotel has 700 rooms and is usually fully booked. About 6% of the time a reservation is canceled before the 6:00 p.m. deadline with no penalty. What is the probability that at least 644 rooms will be occupied? Use the binomial distribution to find the exact value. The probability is (Round to four decimal places as needed.),
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