Question: Please show all work clearly in excel. Please provide formulas for each step in cells. Problem 3 Create an Excel spreadsheet that will generate random

Please show all work clearly in excel. Please

Please show all work clearly in excel. Please provide formulas for each step in cells.

Problem 3 Create an Excel spreadsheet that will generate random numbers based on the following probability distribution: (Hint: refer to the "Basic simulation" video and demo excel file.) X P(x) 0.1 0.15 1 3 0.35 5 12 0.2 0.2 15 a) Generate randomly 100 observations. b) Copy the random generated numbers to a new column to freeze the values. Draw a histogram of the frozen values

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