Mathematics, 19.07.2019 23:30 lalanduni
Abookstore rents books to students for $2 per book. the cost of running the bookstore is $200 per hour. the numbers of books and the probabilities that the bookstore would rent them in an hour mimics the distribution of the outcomes of flipping four coins. the probability of renting a number of books was observed to be the same as the number of heads that appear on a four coin flip. this distribution is represented in the table. 0-1/16 1-4/16 2-6/16 3-4/16 4-1/16 how many books would the store need to sell per hour to break even? show your work.
Answers: 1
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