A small software development company invests $12,000 to produce a software package that will sell for $54.60. Each unit costs $7.25 to produce. (Round your answers to the nearest whole number.)   (a) How many units must the company sell to break even? (b) How many units must the company sell to make a profit of $85,000?

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Q: MAY I know how to get the final answer?

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Q: (d) (Advanced) Of selecting two CEOS and finding they both made more than $1 million?

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.