Statistics Homework Solutions
#160330
Micromedia offers computer training seminars on a variety of topics.
Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a 2-day seminar on the use of Microsoft Excel in statistical analysis. The fee for the seminar is $300 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. Micromedia pays to rent computers for its seminars at a cost of $30 per computer per day.
How much profit would Micromedia make if 35 students enroll in the Excel seminar?
A. $3600
B. $4650
C. $5700
D. $10500
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Gaurav Agarwal, MS - 4.8/5
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