Leila Brooks is a computer shop owner in Tokyo. She wishes to open a new shop in Kyoto. For everal years in the business
Posted: Fri Dec 24, 2021 9:54 am
- Leila Brooks Is A Computer Shop Owner In Tokyo She Wishes To Open A New Shop In Kyoto For Everal Years In The Business 1 (127.04 KiB) Viewed 131 times
not written but in excel screen shot step by step
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Leila Brooks is a computer shop owner in Tokyo. She wishes to open a new shop in Kyoto. For everal years in the business she has kept her sales data in case she wishes to open a nen shop. She plans to use the data she has and run a simulation about the number of laptop sales per week toques possible number of sales in Kyoto. She assumes the markets are the same and the simulation will be useful. Perform the simulation for her. Processed Data for Tokyo shop of the last 500 days. 6 7 & 9 10 11 Number of sales Occurances 34 89 132 165 61 19 a) Find the expected number of sales for Tokyo Shop. b) Simulate for Kyoto Shop for 40 days and repeat the process 5 times using Monte Carlo Simulation. c) Find expected number of sales of Kyoto shop for every simulation run (you need 5 results) d) Comment on the results.