Solved: Hotels often overbook reservations counting on the fact, Basic Statistics

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Hotels often overbook reservations counting on the fact

Hotels often overbook reservations, counting on the fact that some people will cancel at the last minute. A certain hotel chain finds that 80% of the reservations will be used. If we randomly select 15 reservations what is the probability that more than 8 but less than 12 will be used?

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Basic Statistics: Hotels often overbook reservations counting on the fact

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