stuckeye9070 stuckeye9070

01-01-2024
Mathematics

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A construction company is considering submitting bids for two contracts. The company estimates that it has a
20
%
20% chance of winning any given bid. Here is the probability distribution of

x= the number of bids the company wins:

Options:
a) What is the probability that the company wins both bids?
b) What is the probability that the company wins at least one bid?
c) What is the probability that the company wins neither bid?
d) What is the probability that the company wins exactly one bid?

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