You are CR and are responsible for farewell of your seniors who are graduating in May 2022. The dataset under Q11 show the budget for your seniors farewell. Develop appropriate scenarios to see what the net amount is you may have to spend(from)/retain(in) your pockets if the fixed budget (i.e. from students club) is Rs 15000.

Typical scenarios include:

1. Not all seniors do not turn for the farewell party (worst scene) due to their unavailability.
2. All seniors turn for farewell party (best scene)
3. Few are Available (Realistic scene)

A B C 55 60 300 1 Number of students participated 2 No of gift procured 3 Avg Price per gift 4 Budget for event 5 Avg Cost per gift 6 Net 15000 300 3000 7 8