Concept explainers
To find: The airline is not going to have ample seats, so everyone is bumped.
Answer to Problem 32E
0.1497
Explanation of Solution
Given:
Calculation:
The details surrounding the issue is that the possibilities are 0.05 for the passenger and 0.95 for the passenger and 275 for the overall number of tickets booked are.
There are fewer than 10 percent of passengers who do not show up
That is,
Binomial patterns can also be approximated to
Let X be number of passengers not displaying.
Standard deviation is,
Therefore,
The possibility must be identified that the airline does not have sufficient seats,
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