Business, 19.03.2021 01:00 macp98463oz47dl
Weekly demand for a certain brand of a golf ball at The Golf Outlet is normally distributed with a mean of 35 and a standard deviation of 5. The profit per box is $5.00. Write an Excel formula that simulates the weekly profit: = 5* NORMINV(RAND(), 35, 5) = 5 * 35 * NORMSINV(RAND()) = 5 * RANDBETWEEN(5, 35) = NORMINV(RAND(), 5 * 35, 5)
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Weekly demand for a certain brand of a golf ball at The Golf Outlet is normally distributed with a m...
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