BINOMIAL DISTRIBUTION PROBLEM--THE OVERBOOK MOTEL

If the average revenue per room per night is $120, what amount of revenue is LOST per year (use 365 days) due to unoccupied rooms? Again, do NOT round . the unoccupied number (if it is not a whole number). _____ To counteract the 15% no show rate, management is considering overbooking. ................
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