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Guidance Missile System A missile guidance system has seven fail-safe components. The probability of each...

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Guidance Missile System A missile guidance system has seven fail-safe components. The probability of each failing is 0.05. Assume the variable is binomial.Find the following probabilities. Do not round intermediate values. Round the final answer to three decimal places.Part 1 of 4(a) Exactly two will fail.P(exactly two will fail)Part: 1/4Part 2 of 4(b) More than two will fail.= 0.0405P(more than two will fail)=$2

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