Unformatted text preview: them at 40 cents per pound during the week. Bananas that are more than a week old are too ripe and are sold for 5 cents per pound. Suppose the demand for the good bananas follows the same distribution as D given in the ±rst question. What is the expected pro±t of David in a week if he buys 7 pounds of banana? 4. Now assume that the demand for the good bananas is uniformly distributed between 5 and 15. What is the expected pro±t of David in a week if he buys 7 pounds of banana? 5. Find the expected pro±t if David’s demand for the good bananas follows an exponential distribution with mean 7 and if he buys 7 pounds of banana....
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 Fall '07
 Billings
 Probability distribution, Probability theory, Discrete probability distribution, good bananas

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