Math Problem Statement
Because many passengers who make reservations do not show up, airlines often overbook flights (sell more tickets than there are seats). A certain airplane holds 154 passengers. If the airline believes the rate of passenger no-shows is 7% and sells 167 tickets, is it likely they will not have enough seats and someone will get bumped?What is the estimated probability of at least 155 passengers showing up (that is, P(X ≥ 155)? SHOW A SKETCH OF THE NORMAL DISTRIBUTION WITH m AND s AS WELL AS THE PROBABILITY.
Solution
Here's the sketch of the normal distribution with mean and standard deviation . The shaded area represents the probability , which is approximately 60.26%.
This indicates that there's about a 60.26% chance that at least 155 passengers will show up, making it likely that all seats may be occupied, and potentially someone may get bumped.
Would you like further details or have any questions?
Here are five related questions to expand your understanding:
- How does the probability change if the no-show rate decreases?
- What if the airline sold only 160 tickets instead of 167?
- How does the choice of continuity correction affect our approximation?
- How would you interpret the result if the standard deviation were larger?
- Can we apply this approach to situations other than airlines?
Tip: When working with binomial distributions and high sample sizes, using a normal approximation is a common and efficient technique for calculating probabilities.
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Math Problem Analysis
Mathematical Concepts
Binomial Distribution
Normal Approximation
Probability
Statistical Analysis
Formulas
P(X ≥ 155) = 1 - P(X < 155)
Mean (μ) = np
Standard Deviation (σ) = sqrt(np(1-p))
Theorems
Central Limit Theorem
Normal Approximation to the Binomial Distribution
Suitable Grade Level
Grades 10-12
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