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Seat sales probability
An airline has a policy of booking as many as 25 persons on an airplane that can only seat 24. (Past studies have revealed that only 85% of the booked passengers actually arrive for the flight.) Find the probability that if the airline books 25 persons, not enough seats will be available.
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If the probability of an event occurring is 'p', then the probability of that event occurring 'n' times in a row is p^n. For this problem you have to calculate the probability of a passenger showing up 25 times in a row.
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