Wednesday
April 16, 2014

Homework Help: statistics

Posted by meagan on Thursday, March 1, 2012 at 3:38pm.

When someone buys a ticket for an airline flight there is a 0.0995 probability that the person will not show up for the flight (based on data from the IBM research paper by Lawrence, Hong, and Cherrier). An agent for Air America want to book 24 persons on an airplane that can seat only 22. If 24 persons are booked what is the probability that not enough seats will be available? Is this probability low enough so that overbooking is not a real concern?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Precalc - In 1992, the average cost of a ticket on a privately-owned airline was...
math - using past data, an airline believes that 8% of the people who make ...
statistics - an airline has a policy of booking as many as 24 person on an ...
5th grade math word problems - Frank saved 50% by purchasing his airline ticket ...
statistics - an airline estimates that 97%of people booked on their flights ...
statistics - An airline has a policy of booking as many as 17 persons on an ...
calculus - With x people on board, a South African airline makes a profit of (...
Math - Frank saved 50% by purchasing his airline ticket early. His wife paid ...
math word problem - Frank saved 50% by purchasing his airline ticket early. His ...
STAT - Airline overbooking is a common practice. Many people make reservations ...

Search
Members