.Demello publishing is trying to decide if it should produce and market a new novel. Fixed costs for the novel are estimated at $10,000. Variable cost is estimated at either one dollar or two dollars with each price equally likely. The selling price is seven dollars and demand is expected to follow a normal distribution with me in 2500 with A standard deviation of 500.
A) Carry out a simulation use 100 trials.
B) obtain a set of summary statistics
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