A local grocery store observes that on average 7.25 customers enter the store every five minutes during the hour between 5:30 p.m. and 6:30 p.m. each day. Use Excel's Analysis ToolPak, with a seed of 1, to generate random observations for a period of 500 days. Report the mean and standard deviation from the 500 random observations. Note: Round your answers to 2 decimal places. Average number of customers Standard deviation

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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A local grocery store observes that on average 7.25 customers enter the store every five minutes during the hour between 5:30 p.m.
and 6:30 p.m. each day. Use Excel's Analysis ToolPak, with a seed of 1, to generate random observations for a period of 500 days.
Report the mean and standard deviation from the 500 random observations.
Note: Round your answers to 2 decimal places.
Average number of customers
Standard deviation
Transcribed Image Text:A local grocery store observes that on average 7.25 customers enter the store every five minutes during the hour between 5:30 p.m. and 6:30 p.m. each day. Use Excel's Analysis ToolPak, with a seed of 1, to generate random observations for a period of 500 days. Report the mean and standard deviation from the 500 random observations. Note: Round your answers to 2 decimal places. Average number of customers Standard deviation
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