Mathematics, 18.01.2021 07:30 Joyfull546
AS
A construction company is considering submitting bids for two contracts. The company estimates that it has a
20% chance of winning any given bid.
MY
Here is the probability distribution of X = the number of bids the company wins.
Col
0
1
2
SA
X = # of bids won
P(X)
0.64
0.32
0.04
MY
Given that x = 0.4 bids, calculate or
Round your answer to two decimal places.
Pro
bids
Pro
Answers: 3
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AS
A construction company is considering submitting bids for two contracts. The company estimates t...
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