Question: Please be sure to use EXCEL and explain how to complete: (Use Excel) In the game of blackjack as played in casinos, the dealer has

Please be sure to use EXCEL and explain how to complete:

(Use Excel) In the game of blackjack as played in casinos, the dealer has the advantage. Most players do not play very well. Lets say the probability of a player winning a random hand is about 45%. Find the probability that the average player:(A) Wins twice in five hands.

(B) Wins ten or more times in 25 hands.

Assuming the random variableZis normally distributed with a mean of 0 and a standard deviation of 1 (standard normal variable), calculate:

4. (A)(B)(C)(D)(E)

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