Question of probability and stats:
An airline finds that, on the average, 3% of the persons who
reserve seats for a certain flight do not turn up for the flight.
Consequently, the airline decides to allow 200 people to reserve
seats on a plane which can only accommodate 196 passengers. Use the
Poisson approximation to the binomial distribution to calculate the
probability that there will be a seat available for every person
who has reserved a seat and who turns up for the flight.
Binomial Distribution:
p= 0.03
q= 1-p =0.97
n=200
Everyone should should get a seat= 1- [ P(X=0) + P(X=1) +P(X=2) +P(X=3) ]
P(Seat allocation for all reserved) = 1 - 0.147151 = 0.85284881
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