Let, the four projects be
Hence,The number of ways in which company will select no more than 2 projects out of 4 is equivalent to finding the number of non zero integer solution which satisfy the following constraint,thus
where,
To find the number of non zero integer solution, we can introduce a dummy variable such that
As, each has two value,thus it has contribution of equally and t contributes ,hence we have to find the coefficient of in the expansion of will give the number of possible solution and which is
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