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Mathematics, 10.03.2020 01:02 mariahbrooks

Hotels, like airline, 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. Let the Binomial random variable X be the number of reservations canceled. If we randomly selected 15 reservations, what is the probability that more than 8 but less than 12 reservations will be used?

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