BINOMIAL DISTRIBUTION PROBLEM--THE OVERBOOK MOTEL

BINOMIAL DISTRIBUTION APPLICATION—THE OVERBOOK MOTEL. Purpose: To use the binomial distribution to analyze a business situation and provide information for managerial decisions. Use the > spreadsheet. The Overbook Motel has . 120. rooms. It is located near the main airport of a major U.S. city. Its business has no seasonality. ................
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