document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=856212>Question 856212</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hello, I really need some help with my statistics homework! Here is the data: <BR>\n" );
document.write( "Rooms: 230 Overbooking: 10%(230+23=253) Data reveals there is a 12% chance no show rate except when there is a conference. When there is a conference conducted the no show rate drops to 5%. Now here is the question:<BR>\n" );
document.write( "1) What is the probability of more than 230 guests showing up at the 12% no show rate when 253 reservations are made?<BR>\n" );
document.write( "I have tried to work this out in a spreadsheet, but I don't know how to find the 12% no show rate or the 5% no show rate and I get stuck on the rest of the problem after that, thank you! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #515811 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=515811\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1) What is the probability of more than 230 guests showing up at the 12% no show rate when 253 reservations are made?<BR>\n" );
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document.write( "binomial problem with n = 253 and p(show = 0.88<BR>\n" );
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document.write( "P(231<= x <= 253) = 1 - binomcdf(253,0.88,230) = 0.0595<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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