You and many of your classmates are mourning the loss of one of your college friends. Your friend was highly successful in the business world and was a true humanitarian devoting much of his time and resources to those who needed help. You want to propose to your classmates that you set up a foundation in his name to provide a $3,000 grant each year to one deserving student. Identify the data and two analytics techniques you could use to estimate how much money is needed for the foundation