Step 1: The Nyquist rate is given as twice the maximum frequency. In our case:
\[
f_{nyquist} = 2 \times 4 kHz = 8kHz
\]
Step 2: The actual sampling frequency \(f_s\) is 1.5 times Nyquist rate:
\[
f_s = 1.5 \times f_{nyquist} = 1.5 \times 8 kHz = 12 kHz
\]
Step 3: The number of quantization levels = 256. Number of bits, n, required is:
\[
2^n = 256
\]
\[
n = \log_2{256} = 8 bits
\]
Step 4: The bit rate \(R_b\) is the product of sampling frequency and the number of bits:
\[
R_b = f_s \times n = 12 \times 10^3 \times 8 = 96000 bps = 96 kbps
\]
Therefore the bit rate is 96 kbps.