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Within the past 2 0 years, a construction company has been consistently bidding on five jobs ever year. The company s performance shows that it
Within the past years, a construction company has been consistently bidding on five jobs ever year.
The companys performance shows that it was successful in winning jobs in the year period.
c On how many jobs should it bid this year if it wants the probability of winning three jobs to be at
least hint: solve by means of enumeration, you can use excel to facilitate the
computation
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