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Just need help with C. groups of 25 individuala. Each seminar costs Gustin $3,600, and the commission for each new account opened is $5,100. Gustin

Just need help with C.
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groups of 25 individuala. Each seminar costs Gustin $3,600, and the commission for each new account opened is $5,100. Gustin estimates that for aach individual attendi the seminar, there is a 0.01. probability that he/the will open a new account. (a) Determine the equation for computing Gustin's peofit per seminar, given static values of the televant parameters. Erofit=(NewAccountsOpenedx)- (b) What type of random vartable is the number of new accounts opened? (Hint. Aeview Appendix. 11.1 for descriptions of various types of probability distributions.) uniform random variable normal random variable typergeometric random variable binemial random variable poisson random variable (c) Construct a simulation model to analyze the profitability of Gustin's seminss. Would you recommend that Gustin contanue running the stminars? (Uye at least 1,000 thais. Round your answer to two decimal places.) From the simulation, we estimate that on average one of these semunars resuits in a

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