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An airline company has a policy of routinely overbooking flights.
An airline company has a policy of routinely overbooking flights. The following probability distribution table shows the random variable, x, where x is number of passengers who cannot be boarded because there are more passengers than seats:
- Determine the mean of x (Round the answer to two decimal places).
- Determine the standard deviation of x. (Round the answer to two decimal places).