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Mathematics, 14.07.2021 17:40 emmacate
United flight 15 from New York’s JFK to San Francisco uses a Boeing 757-200 with 180seats. Because some people with tickets don’t show up, United willoverbook by selling more than 180tickets. If the flight is not overbooked, the airline will lose revenue due to empty seats, but if too many tickets are sold and some passengers are denied seats, the airline loses money from the compensation that must be given to bumped passengers. Assume that there is a 0.905 probability that a passenger with a ticketwill show up for the flight. Also assume that the airline sells200tickets for the 180seats that are available.
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United flight 15 from New York’s JFK to San Francisco uses a Boeing 757-200 with 180seats. Because s...
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