SOLUTION: A contractor has submitted bids for two state construction projects. The probability of winning each contract is .25, and it is the same for both contracts. What is the probabi

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Question 1128931: A contractor has submitted bids for two state construction projects. The probability of winning each contract is .25, and it is the same for both contracts.
What is the probability that he will win both contracts?
What is the probability that he will win neither contract?
Answer by ikleyn(52835)   (Show Source): You can put this solution on YOUR website!
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A contractor has submitted bids for two state construction projects. The probability of winning each contract is .25, and it is the same for both contracts. 

What is the probability that he will win both contracts?        <---->  0.25*0.25 = 0.0625.


What is the probability that he will win neither contract?      <---->  (1-0.25)*(1-0.25) = 0.75*0.75 = 0.5625.


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