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: 19 + 14x ≤ 65
Explanation:
$19 is only added once because there is only one DVD purchased. $14 is added an unknown number of times, thus the variable X is included. We know that that the total number of dollars spent for both items is either less than or equal to 65. (Depending on your teacher, they may want you to write "19 + 14x < 65" if they want you to write the answer only for discrete numbers).
Answer:
327
Step-by-step explanation: