An airline, believing that 4% of passengers fail to show for flights, overbooks (sells more tickets than there are seats). Suppose that for a particular flight involving a jumbo-jet with 262 seats, the airline sells 280 tickets.
An airline, believing that 4% of passengers fail to show for flights, overbooks (sells more tickets than there are seats). Suppose that for a particular flight involving a jumbo-jet with 262 seats, the airline sells 280 tickets.
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