Please do these calculations in excel and explain the process and reasoning.

Managing Ashland MultiComm Services 1. If a sample of 50 prospective customers is selected and no free premium channels are included in the 3F0rAll service offer, given past results, what is the probability that: 3. Fewer than 3 customers will subscribe to the 3-F0rAll service offer? b. 0 customer or 1 customer will subscribe to the 3ForAll service offer? c. More than 4 customers will subscribe to the 3F0rAll service offer? d. Suppose that in the actual survey of 50 prospective customers, 4 customers subscribe to the 3-F0r-All offer. What does this tell you about the previous estimate of the proportion of customers who would subscribe to the 3- F orAll service offer? I 2. Instead of offering no premium free channels as in Problem I, suppose that two free premium channels are included in the 3 ForAll service offer. Given past results, what is the probability that: 3. Fewer than 3 customers will subscribe to the 3-F0r-A [Z service offer? b. 0 customer or 1 customer will subscribe to the 3F0rAll service offer? c. More than 4 customers will subscribe to the 3-F0rAll service offer? d. Compare the results of (a) through (c) to those of Problem 1. e. Suppose that in the actual survey of 50 prospective customers, 6 customers subscribe to the 3 F orAZI offer. What does this tell you about the previous estimate of the proportion of customers who would subscribe to the 3 F orAll service offer? f. What do the results in (e) tell you about the effect of offering free premium channels on the likelihood of obtaining subscriptions to the 3-F0r-All service