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Manual Simulation (Monte Carlo): The number of customers arriving per hour at McDonald's during the past 100 hours is given below: No. of Customers arriving
Manual Simulation (Monte Carlo): The number of customers arriving per hour at McDonald's during the past 100 hours is given below: No. of Customers arriving 13 5 6 7 Total Frequency 10 20 30 120 120 100 (a) Set up a probability and cumulative probability distribution for the variable of customer arrivals. (b) Establish random number intervals for the variable. (c) Simulate 12 hours of customer arrivals and compute the average number of arrivals per hour. Follow the five steps of Monte Carlo Simulation complete (a), (b), and (c) given the following 12 random numbers (RNS): Hours 1 12 3 4 5 6 7 8 Random Numbers 52 37 82 89 98 196 33 50 188 90 50 27 9 10 11 12 Copy-paste below table for your calculations: Table 1: Number of Frequency Probability Customers Jarriving Cumulative Pr Random pbability Intervals
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