Whats the probability the airline will not have enough seats

Reference no: EM131418146

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An airline, believing that 5% of passengers fail to show up for flights, overbooks (sells more tickets than there are seats).

Suppose a plane will hold 265 passengers, and the airline sells 275 tickets. What's the probability the airline will not have enough seats, so someone gets bumped?

Reference no: EM131418146

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