Exhibit 12.5 The Following Questions Use the Information Below

question 16

Multiple Choice

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.
-The memoryless property is also referred to as the ____ property.

• A) Markov
• B) Erlang
• C) Poisson
• D) Normal

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Definitions:

Panic Disorder

A type of anxiety disorder characterized by sudden and repeated episodes of intense fear accompanied by physical symptoms like chest pain, heart palpitations, or breathing difficulties.

Generalized Anxiety Disorder

A mental disorder characterized by persistent and excessive worry about various aspects of life, such as work, health, or relationships, not limited to specific situations or events.

Obsessive-Compulsive Disorder

A disorder characterized by unwanted, intrusive thoughts and repetitive, compulsive physical or mental acts performed to alleviate stress.

Neuroimaging

The use of various technologies to directly or indirectly image the structure or function of the nervous system, including the brain.