Question: You're an analyst for Farm2Table , a chain restaurant that sources its food locally whenever possible. You are tasked to forecast the financial payoff of
You're an analyst for Farm2Table, a chain restaurant that sources its food locally whenever possible. You are tasked to forecast the financial payoff of an ad campaign.
Currently, average monthly revenue at each store is 100,000,100,000,withastandarddeviationof12,000. An advertising firm claims that with clever advertisement, they can increase monthly revenue for Farm2Table to 120,000,,120,000,butthestandarddeviationwillbeincreasedaswell,to25,000. Assume a normal distribution.
Write a Python function simulate_revenue(average, std_dev, months).
- it produces simulated revenue data according to a normal distribution with shape parameterized by average and std_dev, for a given number of months.
- It returns a list of length months.
- Round each item to the nearest cent. No fractions of a cent allowed.
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