Engineering Mathematics: Probability [REE 2021]

Name: Engineering Mathematics: Probability [REE 2021]
Uploaded: Feb 24, 2022
Duration: 397 s
Description: Hotels like airlines, often overbook, counting on the fact that some people with reservations will cancel at the last minute. A certain hotel chain finds 20% of the reservations will not be used. If 4 reservations are made, what is the chance fewer than 2 will cancel?

Isaiah James Maling132K subscribers

8.2K views

Feb 24, 2022

6:37

Hotels like airlines, often overbook, counting on the fact that some people with reservations will cancel at the last minute. A certain hotel chain finds 20% of the reservations will not be used. If 4 reservations are made, what is the chance fewer than 2 will cancel?

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