No Shows Airlines and hotels often grant reservations in excess of capacity to minimize losses due to no-shows. Suppose the records of a hotel show that, on the average, 10% of their prospective...



No Shows
Airlines and hotels often grant reservations in excess of capacity to minimize losses due to no-shows. Suppose the records of a hotel show that, on the average, 10% of their prospective guests will not claim their reservation. If the hotel accepts 215 reservations and there are only 200 rooms in the hotel, what is the probability that all guests who arrive to claim a room will receive one?



May 26, 2022
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