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?
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