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A contractor is bidding on three state contracts. From historical records, He has 50% chance of winning the first contract, 30% chance of winning the

A contractor is bidding on three state contracts. From historical records, He has 50% chance of winning the first contract, 30% chance of winning the second contract and 70% chance of winning the third contract the contracts are independent.

What is the probability that he will win all three bids?

What is the probability that he will lose all three bids?

What is the probability that he will win at least one bid?

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7) A contractor is bidding on three State contracts. From historical records, he has 50% chance of winning the first contract, 30% chance of winning the second contract, and 70% chance of winning the third contract. The contracts are independent. (show all work) a. (2 points) What is the probability that he will win all three bids? b. (2 points) What is the probability that he will lose all three bids? c. (3 points) What is the probability that he will win at least one bid? d. (3 points) What is the probability that he will lose at least one bid

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