How many tickets should be sold for a flight on an airplane

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Reference no: EM131809982

Question: Suppose that, on average, 3% of the purchasers of airline tickets do not appear for the departure of their fight. Determine how many tickets should be sold for a flight on an airplane, which has 400 seats, such that with probability 0.95 everybody who appears for the departure of the flight will have a seat. What assumptions are you making?

Reference no: EM131809982

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