Exhibit 12.5 The Following Questions Use the Information Below

question 40

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 gallery distribution should be used for generating the number of times "tails" come up over 15 flips of a "fair" coin?

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Definitions:

Selective Listening

Letting pre-formed biases, prejudices, expectations, and stereotypes cause us to hear what we want to hear, instead of listening to what a speaker actually said.

Conversational Narcissism

A communicative style where one individual dominates the conversation, focusing mainly on their own interests, often disregarding others'.

External Noise

Distractions or disturbances from the environment that interrupt or interfere with the communication process.

Ambush Listening

is a deceptive form of listening where the listener pretends to be attentive but is actually waiting for an opportunity to attack or counter the speaker's arguments.