Mathematics, 05.11.2019 01:31 skinman
Alpha airlines' b777 planes have 16 business class seats in each plane. since cancellations and no-shows are quite likely, they have an overbooking policy i. e., they sell up to 18 business class tickets. for a given flight, suppose that 18 persons have purchased tickets, and each has a 20% chance of not showing up for the flight, in which case the full price of the ticket is refunded. in addition, suppose that the events that different persons do not show up for the flight are independent. a) compute using probability formulas: i) the probability that exactly all the 18 persons who purchased first class tickets show up for the flight. ii) the probability that at most 16 of the 18 persons who purchased first class tickets show up for the flight.
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Mathematics, 21.06.2019 19:50
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Alpha airlines' b777 planes have 16 business class seats in each plane. since cancellations and no-s...
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