Exhibit 12.5 The Following Questions Use the Information Below

question 2

Short Answer

Exhibit 12.5
The following questions use the information below.
The owner of Sal's Italian Restaurant wants to study the growth of his business using simulation. He is interested in simulating the number of customers and the amount ordered by customers each month. He currently serves 1000 customers per month and feels this can vary uniformly between a decrease of as much as 5% and an increase of up to 9%. The bill for each customer is a normally distributed random variable with a mean of $20 and a standard deviation of $5. The average order has been increasing steadily over the years and the owner expects the mean order will increase by 2% per month. You have created the following spreadsheet to simulate the problem.
-What function should be used for generating random numbers between 1 and 12 from a continuous uniform distribution?

Learn to enhance presentations through animations, transitions, and setting up for specific environments like kiosks.

Master the process of saving and exporting PowerPoint presentations in different formats for various purposes.

Discover how to protect and check presentations for compatibility and accessibility issues.

Understand the steps to create, modify, and manage custom slide shows for targeted audiences.

---

Definitions:

Late Gothic Court Style

Late Gothic Court Style refers to the artistic style prevalent in the late medieval period, characterized by elegant and intricate designs, often found in manuscripts, architecture, and sculptures, notable for its appeal to the tastes of the European courts.

Röttgen Pietà

A late medieval sculpture depicting the Virgin Mary grieving over the dead body of Jesus.

Saint George

A Christian martyr and saint, often depicted as a dragon slayer and a symbol of good triumphing over evil.

Sculpted Figure

A three-dimensional artistic representation of a person or deity, created by sculpting materials such as stone, metal, or clay.