A popular resort hotel has 300 rooms and is usually fully booked. About 11% of the time a reservation is canceled befor
Posted: Mon Jul 11, 2022 11:42 am
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.