Jim decides to start a small nonprofit business of renting out motor scooters to help out his area residents. He puts in his own money and buys 5 motor scooters, each priced at $3,000. He incurs no other costs because he keeps the motor scooters in his own garage. The motor scooters last for 5 years. The number of motor scooters and the probability that they would be rented per month is shown in the table. Number of Scooters 0 1 2 3 4 5 Probability 63 Select the correct answer. Using this distribution, what is the expected number of motor scooters to be rented out in a month? A. 1 B. 1.5 C. 2 D. 2.5 E. 3



Answer :

Other Questions