Maurice Tutor

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Category > Management Posted 10 Dec 2017 My Price 6.00

Excel formula

6.60      Write the Excel formula for each Poisson probability, using a mean arrival rate of 10 arrivals per hour.

a.   Seven arrivals. b. Three arrivals. c. Fewer than five arrivals. d. At least 11 arrivals.

6.61      A small feeder airline knows that the probability is .10 that a reservation holder will not show up for its daily 7:15 A.M. flight into a hub airport. The flight carries 10 passengers. (a) If the flight is fully booked, what is the probability that all those with reservations will show up? (b) If the airline overbooks by selling 11 seats, what is the probability that no one will have to be bumped? (c) That more than one passenger will be bumped? *(d) The airline wants to overbook the flight by enough seats to ensure a 95 percent chance that the flight will be full, even if some passengers may be bumped. How many seats would it sell?

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Maurice Tutor
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Status NEW Posted 10 Dec 2017 10:12 PM My Price 6.00

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