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What is the probability of airline seats

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Reference no: EM132853466

An airline, believing that 5% of passengers fail to show up for flights, overbooks (sells more tickets than there are seats....can you say Air Canada??). Suppose a plane will hold 265 passengers, and the airline sells 275 tickets. What is the probability that the airline will not have enough seats, so someone gets bumped? Show output from MiniTab.

Reference no: EM132853466

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