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To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southwest Florida. Gustin conducts seminars for groups

To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southwest Florida. Gustin conducts seminars for groups of 25 individuals. Each seminar costs Gustin $3800, and the average first-year commission for each new account opened is $4700. Gustin estimates that for each individual attending the seminar, there is a 0.01 probability that he/she will open a new account.

Assume that the number of new accouts you get randomly is:

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Assume that the number of new accouts you get randomly is: Simulation Trial New Accounts 2 DO V O UT A W 10 11 12 13 O O O H O O O O H O O O O O O O O O N O O H O D O 14 15 16 17 18 19 20 21 22 23 24 25 Construct a spreadsheet simulation model to analyze the profital

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