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QUESTION
At Low Budget Air, historical data shows that 93% of all passengers show up in time to board. Therefore they occasionally overbook flights in hopes...
At Low Budget Air, historical data shows that 93% of all passengers show up in time to board. Therefore they occasionally overbook flights in hopes of filling each plane to capacity. Suppose a small plane as a capacity of 25 passengers. They book 25 passengers for a flight on this plane. Please round to 4 decimal spaces if possible,
- Find the mean and standard deviation?
- What is the probability that exactly 25 passengers show up?
