Mathematics
Mathematics, 24.02.2020 16:37, bullockarwen

Overbooking is the practice of selling more items than are currently available. Overbooking is common in the travel industry; it allows a vehicle (airline, train, bus, cruise ship, hotel, and so forth) to operate at or near capacity, despite cancellations, no-shows, or late arrivals.

Overselling is when more confirmed customers show up to use the vehicle than there is space available. When this happens, at least one customer will be denied the service that they paid for, either voluntarily (sometimes with an incentive provided by the supplier) or involuntarily. This is called getting "bumped."

Suppose that for a particular flight, an airline believes that 1% of ticket holders do not make the flight. The jet making the trip holds 188 passengers. If the airline sells 191 tickets, what is the probability that the flight will be oversold and they will have to bump a passenger? Assume that cancellations are independent.

Calculate the probabilities that one, two, and three people will be bumped, and then use those values to determine the probability that at least one passenger will be bumped. Give each answer to four decimal places. Avoid rounding within calculations.

P(one person is bumped)=

P(two people are bumped)=

P(three people are bumped)=

P(at least one person is bumped)=

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 19:30, bree480
Aline passes through 3,7 and 6,9 what equation represents the line
Answers: 2
image
Mathematics, 21.06.2019 20:30, seth82
What is the length of the segment, endpoints of which are intersections of parabolas y=x2? 11 4 x? 7 4 and y=? 7 8 x2+x+ 31 8 ?
Answers: 2
image
Mathematics, 21.06.2019 21:30, EinsteinBro
Ijust need these 2 questions answered (the second pic is just confirmation i'm not confident in that answer)
Answers: 1
image
Mathematics, 21.06.2019 23:00, shawdyylinda
The architect's side view drawing of a saltbox-style house shows a post that supports the roof ridge. the support post is 8 ft tall. the distance from the front of the house to the support post is less than the distance from the post to the back of the house. how far from the front of the house is the support post positioned?
Answers: 1
Do you know the correct answer?
Overbooking is the practice of selling more items than are currently available. Overbooking is commo...

Questions in other subjects: