Answer:
D. $500
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:
mean (average) is 17.6
mean absolute deviation is 15.2
<em></em>
<em>Step-by-step explanation:</em>
to find <em>mean</em>, u add up all your numbers and divide by how many there are...
to find <em>mean absolute deviation</em> you find the mean of the data and subtract that amount to each of your data pieces...
then u find absolute value of each of them (to make them all positive)
then u add all of those numbers up and divide by how many there are, and that is your answer!!
<em>Hope this helps u in the future!!</em>
