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Answer :
As per the probability, the expected demand for bananas per week is 182.5 pounds.
To model this problem, we can use decision analysis, which involves identifying the possible outcomes, assigning probabilities to each outcome, and calculating the expected value of each decision.
In this case, the possible outcomes are the demand for bananas, which can be 100, 150, 200, or 250 pounds per week. The probabilities of each demand level are given as 0.20, 0.25, 0.35, and 0.20, respectively.
Let X denote the demand for bananas in pounds. Then, the expected demand for bananas, denoted as E(X), can be calculated as follows:
E(X) = 100(0.20) + 150(0.25) + 200(0.35) + 250(0.20) = 182.5
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