Jane is planning to offer a Groupon for inner tube rentals that she will distribute...
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Jane is planning to offer a Groupon for inner tube rentals that she will distribute on hot, sunny, summer days by the river that runs through her town. Based on her past experience with Groupon, she has assigned the following probability distribution to the number of tubes she will rent on a randomly selected day. If Jane would like her expected revenue to be at least $300 per day, what should the Groupon price be? (Round your answer up to the nearest whole dollar amount.) X P(x) 25 . 10 50 .35 75 .40 100 .15 Groupon price por tube
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