You have been retained as a consultant to mudlark

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Unformatted text preview: me. You have been retained as a consultant to Mudlark. Your job is to determine if this particular overbooking is sound strategy. Use simulation methods to perform your analysis. Explain your solution completely, and write your recommendation to the company on whether this policy is good for the company or whether it should be adjusted. 2. Joey is interested in investigating streaks when flipping coins. He wants to use simulation methods to determine the longest run of heads, on average, for 20 consecutive coin flip...
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This document was uploaded on 02/26/2014 for the course MATH 2311 at University of Houston.

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