Question: ( All answers were generated using 1 , 0 0 0 trials and native Excel functionality. ) ( a ) Develop a what - if
All answers were generated using trials and native Excel functionality.
a Develop a whatif spreadsheet model computing profit for this product in the basecase, worstcase, and bestcase scenarios. If your answer is negative, use minus sign.
tableBestcase profitWorstcase profitBasecase profit
average profit and the probability that the project will result in a loss. Round your answers to the nearest whole number.
tableAverage Profit,$
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