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- #1

- Feb 14, 2012

- 3,756

a. | Find the probability that on a particular day, |

i. no cars are requested, | |

ii. at least four requests for cars are received. | |

b. | Calculate the expected daily income received for the rentals. |

c. | If the shop wishes to have one more car, the additional cost incurred is $20 per day. Determine whether the shop should buy another car for rental. |

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