Please use excel to solve the problem showing the steps

7. Myrtle Air Express decided to offer direct service from Cleveland to Myrtle Beach. Management must decide between a full-price service using the company's new fleet of jet aircraft and a discount service using smaller-capacity commuter planes. It is clear that the best choice depends on the market reaction to the service Myrtle Air offers. Management developed estimates of the contribution to profit for each type of service based on two possible levels of demand for service to Myrtle Beach: strong and weak. The following table shows the estimated quarterly profits (in thousands of dollars): Service Demand for Service Strong Weak $960 -$490 Full price Discount $670 $320 e. Use sensitivity analysis to determine the range of demand probabilities for which each of the decision alternatives has the largest expected value. 7. Myrtle Air Express decided to offer direct service from Cleveland to Myrtle Beach. Management must decide between a full-price service using the company's new fleet of jet aircraft and a discount service using smaller-capacity commuter planes. It is clear that the best choice depends on the market reaction to the service Myrtle Air offers. Management developed estimates of the contribution to profit for each type of service based on two possible levels of demand for service to Myrtle Beach: strong and weak. The following table shows the estimated quarterly profits (in thousands of dollars): Service Demand for Service Strong Weak $960 -$490 Full price Discount $670 $320 e. Use sensitivity analysis to determine the range of demand probabilities for which each of the decision alternatives has the largest expected value