Suppose the spa promotion runs for one year, with an estimated 10,000 guests. To...
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Suppose the spa promotion runs for one year, with an estimated 10,000 guests. To achieve at least 4,000 future spa bookings during this period, what percentage of guests should receive the free spa trial?
Show all calculations, assuming that the probability of booking a future spa visit remains the same for guests who receive or do not receive the free spa trial.
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