Question:
Approximately 30% of the calls to an airline reservation phone line result in a reservation being made. Suppose that an operator handles 10 calls. What is the probability that none of the 10 calls result in a reservation?
Answer:
[tex]Probability = 0.028[/tex]
Step-by-step explanation:
Given
Represent probability of reservation with p and Number of calls with n
[tex]n= 10[/tex]
[tex]p = 30\%[/tex]
First, we need to convert p to decimal
[tex]p = \frac{30}{100}[/tex]
[tex]p = 0.30[/tex]
In probability; opposite probability add up to 1;
In other words,
[tex]p + q = 1[/tex]
Where q represents probability of no reservation
Substitute 0.30 for p
[tex]0.30 + q = 1[/tex]
[tex]q = 1 - 0.30[/tex]
[tex]q = 0.70[/tex]
The probability that out of the 10 calls, no reservation is made is calculated as;
[tex]Probability = q^n[/tex]
[tex]Probability = 0.70^{10}[/tex]
[tex]Probability = 0.0282475249[/tex]
[tex]Probability = 0.028[/tex] (Approximated)