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25 February, 03:14

A popular airline knows that in general 95 of individuals who purchase a ticket

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  1. 25 February, 05:22
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    The airlines knowns that in general 95% of each individual who purchase a ticket for a 10-seat commuter flight actually show up for the flight. In an effort to ensure a full flight, the airline sells 12 tickets for each flight. They will carry out and design stimulation to estimate the probability that the flight will be overbook.
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