Question: there is a 0.01 probability that he/she will open a nevi account. a. Determine the equation for computing Gustin's profit per seminar, given values of

there is a 0.01 probability that he/she will open

there is a 0.01 probability that he/she will open a nevi account. a. Determine the equation for computing Gustin's profit per seminar, given values of the relevant parameters. Round your answers to the nearest dollar. Profit =( Nev Accounts Opened 5 The number of new accounts opened is a random variable with trials and X probability of a success on a single trial. c. Assume that the number of new accouts you get randomly is: of a loss to 2 decimal places. The expected profit from a seminar is $X and there is a X probability of a loss. Would you recommend that Gustin continue running the seminars? Gustin the seminars in their current format. whole number. X attendees

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