Please answer all the of the questions in the picture and explain how you got the answers to help me better understand how to answer similar questions in the future. There is background information that I will be posting in the chat. Thank you for your help and I will be rating highly!!

a)(6 points) Based on a 2% failure rate and 104 units shipped, calculate the probability that the seller receives fewer than 100 sellable ice creams from a shipment. Show your work by writing down the functions and the process you need to calculate the result. Definitely use a calculator or computer for the actual computation: I recommend Excel in Office 365 (see videos on Canvas for step-by-step, solved examples). b) (4 points) What is the probability that exactly 101 units are good and 3 units are unsellable? Write down the formula or function that you use. c) (2 points) Our company currently has a generous policy of refunding the entire cost of a shipment if 100 sellable ice creams don't arrive. We do this to protect our premium brand image as a leading vegan ice cream. If each pint-sized container can create 4 servings of ice cream that are worth $3.00 each, what are our expected losses per shipment due to this policy? Multiply the cost of 104 pints of ice cream by the probability calculated in 1a. This is the expected losses per shipment based on our current policy. d) (2 points) Divide the expected losses by the total value of a shipment. This percentage is related to the "marginal cost" of our product: a key indicator of profitability of a product sold by a business