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need formulas 2a. Scholarships Model Spreadsheet (30 pts begin{tabular}{|l|r|} hline multicolumn{2}{|c|}{ Complete the model formulation) } hline Data hline Number of offers (Decision)
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2a. Scholarships Model Spreadsheet (30 pts \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Complete the model formulation) } \\ \hline Data \\ \hline Number of offers (Decision) & 40 \\ \hline Acceptance \% (estimated) & 0.70 \\ \hline Number available & 20 \\ \hline Scholarship amount & $25,000 \\ \hline Total funds available & $500,000 \\ \hline & \multicolumn{2}{|}{} \\ \hline Model & \\ \hline Number accepted & \\ \hline Extra \# needed & \\ \hline Extra funds needed & \\ \hline Unused funds & \\ \hline \end{tabular}Step by Step Solution
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