Math Problem Statement
Question content area top
Part 1
Suppose that the probability that a passenger will miss a flight is
0.09570.0957.
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
5555
passengers.
(a) If
5757
tickets are sold, what is the probability that
5656
or
5757
passengers show up for the flight resulting in an overbooked flight?
(b) Suppose that
6161
tickets are sold. What is the probability that a passenger will have to be "bumped"?
(c) For a plane with seating capacity of
290290
passengers, what is the largest number of tickets that can be sold to keep the probability of a passenger being "bumped" below
11%?
Question content area bottom
Part 1
(a) The probability of an overbooked flight is
0.02270.0227.
(Round to four decimal places as needed.)
Part 2
(b) The probability that a passenger will have to be bumped is
enter your response here.
(Round to four decimal places as needed.)
Solution
To solve these problems, we'll model the situation using the binomial distribution and normal approximation since the number of trials is large. Let represent the number of tickets sold, represent the probability that a passenger shows up for the flight, and be the probability that a passenger misses the flight.
Given:
- Probability that a passenger misses the flight:
- Probability that a passenger shows up:
- Seating capacity: 55 passengers
- Overbooked flight occurs if more passengers show up than the plane can accommodate.
Part (a):
If 57 tickets are sold, what is the probability that 56 or 57 passengers show up, resulting in an overbooked flight?
-
Find the mean and standard deviation:
- Mean
- Standard deviation
-
Use the normal approximation to the binomial distribution. To find the probability of 56 or 57 passengers showing up, we use the continuity correction and calculate: Converting to the standard normal variable , we get: The probability of can be found using the standard normal table, resulting in approximately 0.0394.
Part (b):
If 61 tickets are sold, what is the probability that a passenger will have to be bumped?
-
Calculate mean and standard deviation:
- Mean
- Standard deviation
-
Use normal approximation: Find : The probability of is approximately 0.4435.
Part (c):
For a plane with seating capacity of 290, what is the largest number of tickets that can be sold to keep the probability of a passenger being bumped below 11%?
- Determine such that: Use trial and error or normal approximation techniques to find the maximum .
If you want more details or have questions on any part, feel free to ask! Here are some related questions:
- How do you calculate the probability of a binomial distribution without normal approximation?
- What is the importance of continuity correction in normal approximation?
- How does overbooking impact airline revenue management?
- Can we use Poisson distribution for this type of problem?
- How would the solution change if the probability of a no-show increased?
Tip: For large , using the normal approximation to the binomial distribution can greatly simplify the calculations.
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Math Problem Analysis
Mathematical Concepts
Probability
Binomial Distribution
Normal Approximation
Formulas
Mean: μ = np
Standard Deviation: σ = √(npq)
Z-score: Z = (X - μ) / σ
Normal Approximation to Binomial Distribution
Theorems
Central Limit Theorem
Continuity Correction
Suitable Grade Level
College/University Level (Statistics/Probability)
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