(a) Develop a what-if spreadsheet model computing profit (in \$) for this product in the base-case, worst-case, and best-case scenarios. base-caseworst-casebest-case$$$ simulation model to estimate the average profit and the probability that the project will result in a loss. (Use at least 1,000 trials.) What is the average profit (in \$)? (Round your answer to the nearest thousand.) $x What is the probability the project will result in a loss? (Round your answer to three decimal places.) X (c) What is your recommendation regarding whether to launch the product? The average profit is in the negative, so Madeira Computing should not launch this product. While the probability of a loss is less than 10%, the average profit is extremely low, so it may not be worthwhile for Madeira Computing to launch this product. The average profit is extremely low, and the probability of a loss is greater than 10%, so Madeira Computing should not launch this product. While the average profit is fairly high, the probability of a loss is greater than 10%, so Madeira Computing may not want to launch the product if they have low risk tolerance. The average profit is fairly high, and the probability of a loss is less than 10%, so it appears to be a good idea for Madeira Computing to launch this product