Ryde is a new nonprofit van share service where the driver gets paid all of the generated revenue, minus operating costs. A Ryde customer requests a route and the Ryde application commits a van to take them (i.e. there is already one person waiting in the vehicle). Any additional customers who request the same route in the next five minutes are added as long as it has space. Each Ryde van can fit up to five passengers, and on average, each Ryde driver gets 2 requests every 5 minutes for a particular route (and all requests are assumed to be independent). The Ryde driver will make $13 for each passenger in the car (the per-passenger charge) minus $4 (the operating cost). How much does the Ryde driver expect to make from any single trip? Express your answer in dollars, but without the dollar sign (e.g., enter something like 43.21).

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Ryde is a new nonprofit van share service where the driver gets paid all of the generated revenue, minus operating costs. A Ryde customer requests a route and the Ryde application commits a van to take them (i.e. there is already one person waiting in the vehicle). Any additional customers who request the same route in the next five minutes are added as long as it has space. Each Ryde van can fit up to five passengers, and on average, each Ryde driver gets 2 requests every 5 minutes for a particular route (and all requests are assumed to be independent). The Ryde driver will make $13 for each passenger in the car (the per-passenger charge) minus $4 (the operating cost).

How much does the Ryde driver expect to make from any single trip? Express your answer in dollars, but without the dollar sign (e.g., enter something like 43.21).

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