A popular resort hotel has 300 rooms and is usually fully booked. About 11% of the time a reservation is canceled befor
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A popular resort hotel has 300 rooms and is usually fully booked. About 11% of the time a reservation is canceled befor
A popular resort hotel has 300 rooms and is usually fullybooked. About 11% of the time a reservation is canceled beforethe 6:00 p.m. deadline with no penalty. What is theprobability that at least 273 rooms will be occupied? Use thebinomial distribution to find the exact value.