Exhibit 12.5 The Following Questions Use the Information Below

question 63

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 from a normal distribution with mean μ and standard deviation σ?

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Definitions:

Achievement Motivation

The drive to pursue and attain goals, an intrinsic desire to achieve set objectives and excel, often pushing individuals to overcome challenges and succeed.

Financial Success

The achievement of financial prosperity, goals, or the accumulation of wealth over time.

Emotional Well-Being

The overall state of one's emotional health and happiness, encompassing a sense of contentment and the ability to manage stress.

Ghrelin

A hormone produced by the stomach that stimulates appetite and signals the body to consume food.