The owner now wants you to help him analyze his sales data. The restaurant is famous for its Lobo lobster roll. You were given some information based on which you deduced that the demand for the lobster roll was normally distributed with a mean of 220 and standard deviation of 50. You also know that the lobster supplier can provide lobster at a rate that mimics a uniform distribution between 170 and 300. One Lobster is used per roll and the lobsters need to be fresh (i.e. the restaurant can only use the lobsters that are delivered that day).

You decide to run 200 simulations of 1000 days each.

1)Use the expected sales from each of your 200 simulations to create confidence interval for the average expected sales. What is the 95% confidence interval, L (Your confidence interval is mean +/- L), for this estimate?

Enter your answer rounded to two decimal places. For example, if your answer is 12.3456, you should enter 12.35 in the box below.

The owner now wants you to help him analyze his sales data. The restaurant is famous for its Lobo lobster roll. You were given some information based on which you deduced that the demand for the lobster roll was normally distributed with a mean of 220 and standard deviation of 50. You also know that the lobster supplier can provide lobster at a rate that mimics a uniform distribution between 170 and 300. One Lobster is used per roll and the lobsters need to be fresh (i.e. the restaurant can only use the lobsters that are delivered that day). You decide to run 200 simulations of 1000 days each. Calculate the expected sales of Lobster roll per day based on your simulation results. Enter your answer rounded to the nearest whole number. For example, if your answer is 123456, you should enter 12 in the box below. 202 V 202 Use the expected sales from each of your 200 simulations to create a condence interval for the average expected sales. What is the 95% condence interval, L (Your confidence interval is mean +/- L), for this estimate? Enter your answer rounded to two decimal places. For example, if your answer is 12.3456, you should enter 12.35 in the box below