1. The worksheet Base Data in the Excel File Credit Risk Data provides information about 425 bank customers who have applied for loans. The data include the purpose of the loan, checking and savings account balances, number of months as a customer of the bank, months employed, gender, marital status, Age housing status and number of years at current residence, job type and credit risk classification by bank. a. Frequency Distribution for Categorical Data Use the COUNTIF Function to determine (1) how many customers applied for a new-car, business, education, small-appliance, and furniture loans. You may these at the bottom of the spreadsheet. b. Frequency Distribution for Categorical Data Use the COUNTIF Function to determine the number of customers with checking account less than $ 500.00. You may these at the bottom of the spreadsheet. c. Modify the spreadsheet using the IF Functions to include new columns, classifying the checking and savings balances as low if the balance is less than $ 250, medium if between $250 and less than 2000 and high otherwise. Add Conditional formatting. If the Checking account balance is low, change the cell color to red. If the Savings account balance is High change to Green.