hoffmann
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here's a problem I'm a little confused by:
a limo agency has limos with 4 seats but they book 6 for the same ride because they assume 20% are no-shows. what is the probability that someone will be denied a seat and what is the expected number of empty seats?
i think for the second part the expected number of available seats is 6(.8) but I'm not sure about the probability that someone will be denied a seat. thoughts?
a limo agency has limos with 4 seats but they book 6 for the same ride because they assume 20% are no-shows. what is the probability that someone will be denied a seat and what is the expected number of empty seats?
i think for the second part the expected number of available seats is 6(.8) but I'm not sure about the probability that someone will be denied a seat. thoughts?