Q4: In order to minimize the occurrence of money laundering, certain financial companies are required to conduct small background checks on their customers before accepting money from them, under the so-called Anti Money Laundering (AML) laws. When a customer makes a payment to an organization operating under AML laws, the money is transferred to the organization but suspended for a brief holding period while a background check is conducted on the customer. Typically, financial companies outsource the background check process to a thirdparty AML provider. a. Say an AML provider claims that their background checks typically require a holding period of no more than 5 days. If this is true, what percentage of their background checks will be completed within 3 days? (regardless of background check's outcome) (1 point) b. Write the R command to generate the answer to part 4a. ( 1 point) c. A different AML provider claims that in a typical week, they have the bandwidth to complete approximately 400 background checks. If this claim is true, what is the probability that more than half an hour will elapse between the completion of any two background checks? ( 1 point) d. Write the R command to generate the answer to part 4c. (1 point) Q4: In order to minimize the occurrence of money laundering, certain financial companies are required to conduct small background checks on their customers before accepting money from them, under the so-called Anti Money Laundering (AML) laws. When a customer makes a payment to an organization operating under AML laws, the money is transferred to the organization but suspended for a brief holding period while a background check is conducted on the customer. Typically, financial companies outsource the background check process to a thirdparty AML provider. a. Say an AML provider claims that their background checks typically require a holding period of no more than 5 days. If this is true, what percentage of their background checks will be completed within 3 days? (regardless of background check's outcome) (1 point) b. Write the R command to generate the answer to part 4a. ( 1 point) c. A different AML provider claims that in a typical week, they have the bandwidth to complete approximately 400 background checks. If this claim is true, what is the probability that more than half an hour will elapse between the completion of any two background checks? ( 1 point) d. Write the R command to generate the answer to part 4c. (1 point)