Formula for expected number

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Suppose that a rent a car company has 700 cars and the average per rental is 9 days, then we muliply $2.3$ by $700$ in order to find the expected number of bookings per month.

So the expected number of bookings is equal to $700 \cdot \frac{700}{9 \cdot 30} $, right ?

Why does this happen? Could you explain to me the formula?

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Well, assuming that as soon as one car is returned, the next car is taken, then an approximation of the number of times each car is used per month is $\displaystyle \frac{30}{9}\approx 3.3$.

Multiply $3.3$ times per car, by $700$ cars, to get around $2333$ rentals per month.