SOLUTION: Airlines overbook (sell more tickets than there are seats) flights, based on past records that indicate that approximately 5% of all passengers fail to arrive on time for their fli
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Question 1122198: Airlines overbook (sell more tickets than there are seats) flights, based on past records that indicate that approximately 5% of all passengers fail to arrive on time for their flight. Suppose a plane will hold 250 passengers, but the airline books 260 seats. What is the probability that at least one passenger will be bumped from the flight?
You can put this solution on YOUR website! mean number who don't show is 260*0.05=13
variance is 13*0.95=12.35
sd is sqrt (v)=3.51
z=(x-mean)/sd
want to know probability that number late is fewer than 10, for then someone will be bumped..
continuity correction factor; 9.5 counts in the probability that someone will be bumped, 10 doesn't.
z< (9.5-13)/3.51
z<-1
probability is 0.1587 or 15.87%