![SOLVED: You are bidding on four items available on an online shopping site. You think that for each bid you have a 30% chance of winning it; and the outcomes of the SOLVED: You are bidding on four items available on an online shopping site. You think that for each bid you have a 30% chance of winning it; and the outcomes of the](https://cdn.numerade.com/ask_images/6f9b6407f82d491b895433daa6710867.jpg)
SOLVED: You are bidding on four items available on an online shopping site. You think that for each bid you have a 30% chance of winning it; and the outcomes of the
![SOLVED: You are bidding on five items available on an online shopping site You think that for each bid you have 30% chance of winning it; and the outcomes of the five SOLVED: You are bidding on five items available on an online shopping site You think that for each bid you have 30% chance of winning it; and the outcomes of the five](https://cdn.numerade.com/ask_images/aaacc276f18a4274b5c388d99afcde6d.jpg)
SOLVED: You are bidding on five items available on an online shopping site You think that for each bid you have 30% chance of winning it; and the outcomes of the five
![Online Shopping Returns Bid Stock Illustration - Download Image Now - Bid, Concepts, Concepts & Topics - iStock Online Shopping Returns Bid Stock Illustration - Download Image Now - Bid, Concepts, Concepts & Topics - iStock](https://media.istockphoto.com/id/1448473466/vector/online-shopping-returns-bid.jpg?s=1024x1024&w=is&k=20&c=MLapotp_Xwcy6daFBdAG59s7XUQVFl57Tz96X_aD_mI=)