A fnancial consultant has an average of seven customers he consults with each day, assume a Poisson dsituon. The consutants overhead requires that he oconsult with at least ve customers per day for his fees to cover his expenses Use the Excel Random Number Generation tool to generate 100 samples of the number of oustomers that the financial consultant wil have on a daily basis What percentage of these will meet his target of at least tve? Use a seed of9. According to the simulation, the conaultant wil meet his targetsof the time (Round to the nearest whole number as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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A fnancial consutant has an average of seven customers he consults with each day, assume a Poisson distribution. The consultant's overhead requires that he consult wth at least tve customers per
day for his fees to cover his expenses. Use the Excel Random Number Generwion tool to generate 100 samples of the number of oustomers that the financial consultant will have on a daily basia. What
percentage of these wil meet hia target of at least five? Use a seed of O
According to the simulation, the connultant will moet his target of the time.
(Round to the nearest whole number as needed.)
Transcribed Image Text:A fnancial consutant has an average of seven customers he consults with each day, assume a Poisson distribution. The consultant's overhead requires that he consult wth at least tve customers per day for his fees to cover his expenses. Use the Excel Random Number Generwion tool to generate 100 samples of the number of oustomers that the financial consultant will have on a daily basia. What percentage of these wil meet hia target of at least five? Use a seed of O According to the simulation, the connultant will moet his target of the time. (Round to the nearest whole number as needed.)
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