1. Question needs to be in excel and using formulas instead of just the numbers.
3. The Center for Business Analytics is considering a refund policy for no-shows. No refund would be given for free admissions who do not attend, but nonmembers who do not attend will be refunded 50 percent of the price. Extend the model you developed in Assignment 4 for the Business Intelligence Symposium to account for the fact that, historically, 25 percent of registered free admissions do not show, and 10 percent of registered nonmembers do not attend. The Center pays the caterer for breakfast and lunch based on the number of registrants (not the number of attendees). However, the Center pays for parking only for those who attend. What is the profit if each corporate member registers their full allotment of tickets, and 127 nonmembers register?

Question uses this information: (info from previous question)

The University of Cincinnati Center for Business Analytics is an outreach center that collaborates with industry partners on applied research and continuing education in business analytics. One of the programs offered by the Center is a quarterly Business Intelligence Symposium. Each symposium features three speakers on the real-world use of analytics. Each corporate member of the center (there are currently ten) receives five free admissions (including their own) to each symposium. Nonmembers wishing to attend must pay $75 per person. Both free admissions and nonmembers need to register. All free admissions register and attend. If nonmembers register, they attend. Each attendee receives breakfast, lunch, and free parking. The following are the costs incurred for putting on this event:

Rental cost for the auditorium: $150

Speaker costs: $2400

Registration processing cost: $8.50 per person

Continental breakfast cost: $4.00

Lunch cost: $7.00

Parking cost: $5.00

Original number of nonmembers registered: 100

Total Number of Attendees: 150