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![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
![Slice of University Square will sell for $155,000, after meager online bidding for five-story shopping center - cleveland.com Slice of University Square will sell for $155,000, after meager online bidding for five-story shopping center - cleveland.com](https://advancelocal-adapter-image-uploads.s3.amazonaws.com/image.cleveland.com/home/cleve-media/width2048/img/business_impact/photo/university-square-sale-screenshotpng-b99642e0248cbcf9.png)