9 Review Later Create a Monte Carlo simulation to forecast Company ABC's net profit based on the assumptions below. Then answer the following 2 questions. The mean of sales is 5.000 . The standard deviation of sales is 200 Cost of goods sold is 45% of sales . Other cost is 1,500 Tax rate is 259 Step 1. Simulate 10,000 sa es samples using a normal distribution. Set up Numpy random seed to 150 co make sure you get the same results Step 2 Forecast ret profit using this formula Net profit = (Sales - COGS - Other Cost) x 1 - Tax Rate) What is the net profit in the worst case of the simulations? 526.35 596.21 572.68 $06.37 10 Review Later Dased on the mode you created in Question 9, what is the range of net prafit with a 954 confidence level within 2 standard deviations? 713 92 to 104729 758.45 to 1193.62 815 27 to 1205.41 770.11 to 1101.89 Page 10 of 10 Prev Page View Marked Questions Finished