One expert at marksmanship can hold a silver dollar at forehead level, drop it, draw his gun, and shoot the coin as it passes waist level. The distance traveled by a falling object is given by
$$d=16 t^{2}$$
where $d$ is the distance (in feet) the object falls in $t$ seconds. If the coin falls about $4 \mathrm{ft}$, use the formula to estimate the time that elapses between the dropping of the coin and the shot.