A popular resort hotel has 700 rooms and is usually fully booked. About ​7% of the time a reservation is canceled before

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

A popular resort hotel has 700 rooms and is usually fully booked. About ​7% of the time a reservation is canceled before

Post by answerhappygod »

A popular resort hotel has 700 rooms and is usually fully booked. About ​7% of the time a reservation is canceled before the​ 6:00 p.m. deadline with no penalty. What is the probability that at least 644 rooms will be​ occupied? Use the binomial distribution to find the exact value.
The probability is ____?
(Round to four decimal places as needed.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply