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can you provide step by step on deterministic and expected value approach? Problem 2. Probability Analysis Tamansky Sports Club sells cold sodas at Far East

can you provide step by step on deterministic and expected value approach?

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Problem 2. Probability Analysis Tamansky Sports Club sells cold sodas at Far East College's home basketball games. In the year 2021, the frequency of distribution of the demand for cups of sodas per day is presented below: (2021 had 360 operating days) Sales Volume in Cups Frequency 2,000 48 days 5,000 80 days 6,000 144 days 8,000 32 days 10,000 16 days Required: Determine next years' estimated daily demand for cups of sodas at Far East College's home games using: a. Deterministic approach (based on most likely event) b. Expected value approach

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