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Mathematics, 16.05.2021 06:20 Bassoonist

A bookstore rents books to students for $2 per book. The cost of running the bookstore is $300 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 number of heads that appear in a four coin flip. The distribution is represented in the table

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A bookstore rents books to students for $2 per book. The cost of running the bookstore is $300 per h...
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