Please very important to explain all the transactionsanswers
Chapter 12 Monte Carlo Simulation and RiskAnalysis
3. A professional football team is preparing its budget for thenext year. One component of the budget is the revenue that they canexpect from ticket sales. The home venue, Dylan Stadium, has fivedifferent seating zones with different prices. Key information isgiven below. The demands are all assumed to be normallydistributed.
Seating Zone   Seats available Ticket price  Mean Demand   Standard Deviation
First Level Sideline   15,000   $100.0014,500 750
Second Level   5,000 $90.00   4,750  500
First Level End Zone   10,000   $80.00  9,000 1250
Third Level Sideline 21000 $70.00 17,000 2500
Third Level End Zone   14000 $60.00 8,000 3000
Determine the distribution of total revenue under theseassumptions using an Excel data table with 50 simulated trials.Summarize your results with a histogram.
