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Municipality of Greentown announces a public procurement notice for the landscape design of thedistrict. The probability of winning for a company that bids for the

Municipality of Greentown announces a public procurement notice for the landscape design of thedistrict. The probability of winning for a company that bids for the tender is 0.50. Further, of those which win60 % are politically connected and of those which do not win 20% are politically connected companies.State the probability (|) verbally and calculate it value.

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