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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.
-A Poisson distribution shape can be described as
Emitted Behavior
Behavior that is performed as a response to a specific stimulus or environment, often spontaneous or voluntary.
Social Learning Theorists
Researchers who emphasize the role of observation, imitation, and modeling in acquiring new behaviors.
Generalization
The process of applying information or conclusions from specific instances to broader contexts or situations.
Discrimination
In psychology, the ability to perceive and respond differently to various stimuli.
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