An employee is in charge of preparing bids for a company. There are .pdf

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An employee must prepare bids for his company for 3 available jobs, with a 50% chance of winning each individual bid. The probability that the company will win at least 2 of the 3 bids is calculated to be 0.5 using a binomial distribution calculation.

Formation

An employee is in charge of preparing bids for a company. There are three jobs available to the
company. What is the probability that the company will win at least two of the three available
jobs if he has a 50% chance of winning each of the three bids
Solution
Probability of at most 1 = binomcdf(3, .5, 1) = .5 probability of at least 2 = 1 - .5 =
.5 answr: .5

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