Question: 2. Increase the sample size on the newsvendor problem from 30 days to 150. As in the original problem, use the same demands in column

2. Increase the sample size on the newsvendor

2. Increase the sample size on the newsvendor problem from 30 days to 150. As in the original problem, use the same demands in column E for all values of q. Do not forget to change the statistical-summary and histogram cells appropriately at the bottom of the columns, as well as the cells referred to in the various graphics. What is the effect on the results? Based on your results, about what sample size (in days) would be needed to bring the maximum half-width of all five confidence intervals down to under +$1.50? (Do not actually carry this out, but just get an estimate). 2. Increase the sample size on the newsvendor problem from 30 days to 150. As in the original problem, use the same demands in column E for all values of q. Do not forget to change the statistical-summary and histogram cells appropriately at the bottom of the columns, as well as the cells referred to in the various graphics. What is the effect on the results? Based on your results, about what sample size (in days) would be needed to bring the maximum half-width of all five confidence intervals down to under +$1.50? (Do not actually carry this out, but just get an estimate)

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