Canadaian project has five bidders


A Construction company submitted 2 bids, 1 to build office building in NYC, the other to build an arena in Canada. The NYC project has four bidders and A Construction has equal liklihood of winning the bid. The Canadaian project has five bidders as well as A Contruction's changes are twice as likely as the other four bidders. The other bidders' chances are equal to each other. Determine the probability that A Construction will win both contracts?

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Basic Statistics: Canadaian project has five bidders
Reference No:- TGS0859733

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