A bookstore rents books to students at $2 per book. The cost per hour of running the bookstore is $300. 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 number of books rented was observed to be the same as the number of heads that appear in a four-coin flip. This distribution is represented in the table.
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Students usually rent four books a week during exams. The manager decides to charge a weekly fee of $6 for renting an unlimited number of books. Is this a fair decision for the students? Why? (Assume that fair in this case means that the students will save money.)
that is the question
and the table helps figure out the question, I attached it with a screenshot including the answer options
I am not sure ,so take you own risk
I will try to find different point of view
oh..uh I read it wrong 2 per book means 8dollars
so it is fair decision and student will save money