A common practice of airline companies is to sell more tickets for a particular flight...
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A common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for theflight. Suppose that the percentage of no-shows at flight time is 2%. For a particular flight with 195 seats, a total of 200 tickets were sold. What is the probability that the airline overbookedthis flight?the probability is (Round to four decimal places as needed.)
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