SOLVED: instructions: Correctly identify the probability distributionfor each given problem.Solve each problem using appropriateprobability distribution function in Microsoft Excel.Interpret theobtained result on each problem.1. A trading company uses six computers to trade on the OrlandoStock Exchange. The probability of a computer failing in a day is0.321, and the computers fail independently. Computers are repairedin the evening, and each day is an independent trial. What is theprobability th
SOLVED: instructions: Correctly identify the probability distribution…
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