Jessica Williams, manager of kitchen appliances for the Midtown Department Store, feels that her inventory levels of stoves have been running higher than necessary. Before revising inventory policy for stoves, she records the number sold each day over a period of 25 days, as summarized below.

Number Sold. 2 3 4 5 6

Number of Days 4 7 8 5 1

D) Use random numbers .4476,.9713 and .0629 to simulate daily sales over three days.

Please solve in Excel and show formulas!!! Thank you.

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Answer rating: 100% (QA)

D 04476 4 stoves 09713 6 stoves 00629 2 stoves The average of these is 4 6 23 4 which exce... View the full answer