Answer:
14 miles
Step-by-step explanation:
First, find the expected number of scooters rented per month:
As the data is symmetrical, E(X) (the expected value) is the middle value. So, on average, 2.5 scooters should be taken per month.
His total costs were 5 * 3000 = $15,000
So, to break even, he needs to make $15,000.
He will be selling for 5 years, or 60 months.
As a result, he needs to make 15000/60 = $250/month
As he is selling 2.5 scooters on average, he needs to rent each for:
$250/2.5 = <u>$100/month</u>
Answer:
77% to the nearest whole number
Step-by-step explanation:
This is 60187 / 78250
= 0.7691
= 77%
