Question: need right answer! Crazy Joe's cousin, Silly Sally, has decided to buy out his rental canoe business. She has used Joe's data to estimate what

need right answer!
Crazy Joe's cousin, Silly Sally, has decided to buy out his rental canoe business. She has used Joe's data to estimate what is likely to be her experience and is now considering how many canoes to lease as she launches into her business. She expects to lease the canoes at $30 but has been only able to lease canoes at $20 per day. To optimize her financials, how many canoes should she rent using the critical fractile technique? Daily Demand Frequency Probability P(dStep by Step Solution
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