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Please show all answers using the 2 docimal places convention (do NCT round an intiermodiate or final answer to a whole numberi. Remernber to show all wark leading to the final answer. Question 1 (Empirical Demand Distribution) The Supermarket Store is about to place an order for Halloween candy. One best-selling brand of candy can be purchased for $2.50 per box before and up to Halloween. After Halloween, all the remaining candy can be marked down and sold for $1.00 per box. Assume that the loss in goodwill "cost" stemming from customers whose demand is not satisfiod is $0.35. Three potential sales prices and their associated empirical probability demsand distributions are as follows. SalesPrice$7.50.Empiricaldemanddistribution.SalesPrice$8.50.Empericaldemanddistribution.SalesPrice$9.50.Empiricaldemanddistribution. You are required to evaluate each sales price by completing the table below. Questian 2 (Narmally Distributead Damand) The Supermarket Store is about to place an order for Halloween candy. One best-selling brand of candy can be purchased at $2.50 per box before and up to Halloween. After Halloween, all the remaining candy can be marked down and sold for $1.00 per box. Assume that the loss in goodwill "cost" stemming from customers whose demand is not satisfied is $0.35. The store is considering a price per box (p) of $4,$5,$6, and $7. Recognizing that demand is price dependent, through market research the store determines that demand is normally distribuied such that if: (a) p$4, mean- 50, and standard deviation 20; (b) p$5, mscan- 46, and standard deviation =20; (c) p$6, mean =42, and standard deviation =q20, and (d) p$7, mean =38, and standard deviation, 20. For each sales price, eomplete the following table: Please show all answers using the 2 docimal places convention (do NCT round an intiermodiate or final answer to a whole numberi. Remernber to show all wark leading to the final answer. Question 1 (Empirical Demand Distribution) The Supermarket Store is about to place an order for Halloween candy. One best-selling brand of candy can be purchased for $2.50 per box before and up to Halloween. After Halloween, all the remaining candy can be marked down and sold for $1.00 per box. Assume that the loss in goodwill "cost" stemming from customers whose demand is not satisfiod is $0.35. Three potential sales prices and their associated empirical probability demsand distributions are as follows. SalesPrice$7.50.Empiricaldemanddistribution.SalesPrice$8.50.Empericaldemanddistribution.SalesPrice$9.50.Empiricaldemanddistribution. You are required to evaluate each sales price by completing the table below. Questian 2 (Narmally Distributead Damand) The Supermarket Store is about to place an order for Halloween candy. One best-selling brand of candy can be purchased at $2.50 per box before and up to Halloween. After Halloween, all the remaining candy can be marked down and sold for $1.00 per box. Assume that the loss in goodwill "cost" stemming from customers whose demand is not satisfied is $0.35. The store is considering a price per box (p) of $4,$5,$6, and $7. Recognizing that demand is price dependent, through market research the store determines that demand is normally distribuied such that if: (a) p$4, mean- 50, and standard deviation 20; (b) p$5, mscan- 46, and standard deviation =20; (c) p$6, mean =42, and standard deviation =q20, and (d) p$7, mean =38, and standard deviation, 20. For each sales price, eomplete the following table