Q2)a) 3 & 4 /PLease answer only questions 3 and 4. Thank you!
In a hotel, a guest at a wedding pays 100 euros per person for an overnight stay and 10 euros for breakfast. If a guest uses the minibar, the cost is 12 euros.Experience has shown that wedding guests book as follows:• 80% book an overnight stay with breakfast• In addition to the booked overnight stay with breakfast, 15% also use the minibar• 5% book an overnight stay without breakfast and do not use the minibar eithera) A total of 80 guests have announced their wedding at the hotel.1. What is the overall turnover of these guests?
2. Calculate a measure for the theoretical fluctuation of a guest's turnover. What is your calculated measure?
3.What is the approximate probability that the total turnover of these guests is over 8,860 euros?4.What is the maximum total turnover of these guests with a probability of 93%?
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