Find probability that the airline will not have enough seats


An airline, believing that 8% of passengers fail to show for flights, overbooks (sells more tickets than there are seats). Suppose that for a particular flight involving a jumbo-jet with 260 seats, the airline sells 272 tickets.

What is the probability that the airline will not have enough seats for all the ticket holders who show for the flight?

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Basic Statistics: Find probability that the airline will not have enough seats
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