Exhibit 12.5 The Following Questions Use the Information Below

question 34

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 integer numbers between 2 and 8?

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Definitions:

Grassroots Campaign

A method of campaigning that starts at the local level and is characterized by volunteer participation and direct engagement with the community, often utilized by movements lacking access to significant financial resources.

Elite Democracy

A political theory suggesting that societies are best governed by a small group of educated or economically well-off individuals.

Grassroots Activism

A movement driven by the politics of a community, created and populated by the general populace or social bottom, rather than by political leadership.

Press Relations Specialists

Individuals or professionals who manage and improve the communication and relationship between organizations and the media.