Question

On a given MCO-ATL flight, there are 200 seats. The average ticket price is $ 475...

On a given MCO-ATL flight, there are 200 seats. The average ticket price is $ 475 and the number of no-shows is normally distributed with a mean of 30 and standard deviation of 15. Assuming that you are going to overbook and that each person denied a seat is compensated for $ 800, answer the following question.

1) Assuming you accept 220 reservations, what is the probability that you will have to deal with bumped passengers?

**Please show work

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT