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Use the Data Set Shown Below to Answer the Following

question 8

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Use the data set shown below to answer the following question(s) . Use the data set shown below to answer the following question(s) .   The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model. -For the data given above,the number of reservations made is obtained using the formula ________. A) MIN(Reservation limit,Customer demand)  B) Seats available - Reservation limit C) Price + Overbooking cost D) MAX(0,Customer demand) The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-For the data given above,the number of reservations made is obtained using the formula ________.


Definitions:

Deoxyribose Sugar

A five-carbon sugar molecule that is a component of DNA molecules, lacking an oxygen atom compared to ribose.

Phosphoric Acid

A weak acid with the chemical formula H3PO4, widely used in detergents, fertilizers, and food processing.

Thymine

A pyrimidine nucleobase found in DNA, pairing with adenine, crucial for DNA stability and integrity.

Nucleic Acids

Biopolymers essential to all known forms of life, which carry genetic information in cells and are made up of sequences of nucleotides.

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