Step-by-step explanation:
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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:
<h2>X = 0</h2><h2>Y = 1</h2>
First of all, observe that this is a line, since you can rewrite the equation as y−x+1=0 , which follows the pattern of the generic line ax+by+c=0 .
To draw a line you need two of its points, which you can connect.
To find two points, you can plug any value for one variable, and solve for the other.
For example, let's choose
x=0 . The equation becomes
0−1=y , and so y=−1 .
The first point is thus (0,−1).
Then, let's choose
x=1 . The equation becomes 1−1=y , and so y=0 . The first point is thus
(1,0).
Now you only need to draw the points
(0,−1)
Step-by-step explanation:
Hope it is helpful...
