Question: Based on survey, the probability that a major building project will go over budget is .3. Determine the probability that out of six projects that
Based on survey, the probability that a major building project will go over budget is .3. Determine the probability that out of six projects that will start in 2020. Please show the calculation.
(i) No project will go over budget,
(ii) Exactly two projects will go over budget
(iii) At least two projects will go over budget
(iv) No project will be under budget.
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