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:

Group Integration

The process of uniting individuals with differing backgrounds, cultures, or beliefs into a cohesive, functioning group.

Regulation Influences

The impact that rules, laws, or guidelines have on shaping behaviors, practices, or operations within a given context.

Radio Broadcast

The transmission of programs or information by radio waves to be received by the public through receivers.

Sociological Problem

A situation or issue in society that influences large groups of people and requires collective understanding or intervention.