Exhibit 12.5 The Following Questions Use the Information Below

question 1

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 between the values of a and b only?

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Definitions:

Emotional Change

Variations in feelings or emotional states that an individual experiences over time.

Placebo

A substance or treatment with no therapeutic effect, often used as a control in testing new drugs.

Physical Arousal

A physiological state of heightened alertness and energy, often as a response to stimulation or excitement.

Cognitive Labels

Terms or descriptors used to identify and categorize mental processes, states, or phenomena.