Question:

A common practice of airline companies is to sell more

Last updated: 7/8/2022

A common practice of airline companies is to sell more

A common practice of airline companies is to sell more tickets for a particular flight than there are seats on the plane, because customers who buy tickets do not always show up for the flight. Suppose that the percentage of no-shows at flight time is 2%. For a particular flight with 195 seats, a total of 200 tickets were sold. What is the probability that the airline overbooked this flight? the probability is (Round to four decimal places as needed.)