Math Problem Statement
Suppose that the probability that a passenger will miss a flight is
0.09950.0995.
Airlines do not like flights with empty seats, but it is also not desirable to have overbooked flights because passengers must be "bumped" from the flight. Suppose that an airplane has a seating capacity of
5353
passengers.
(a) If
5555
tickets are sold, what is the probability that
5454
or
5555
passengers show up for the flight resulting in an overbooked flight?
(b) Suppose that
5959
tickets are sold. What is the probability that a passenger will have to be "bumped"?
(c) For a plane with seating capacity of
240240
passengers, what is the largest number of tickets that can be sold to keep the probability of a passenger being "bumped" below
11%?
Solution
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Math Problem Analysis
Mathematical Concepts
Probability
Binomial Distribution
Cumulative Probability
Formulas
P(X = k) = (n choose k) * p^k * (1 - p)^(n - k)
Cumulative Probability: P(X <= k) = Sum of P(X = i) for i = 0 to k
Theorems
Binomial Theorem
Probability Distribution Theorem
Suitable Grade Level
Undergraduate
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