Mathematics, 01.11.2019 03:31 sophiee1021
An aerospace company has submitted bids on two separate federal government defense contracts. the company president believes that there is a 40% probability of winning the first contract. if they win the first contract, the probability of winning the second is 72%. however, if they lose the first contract, the president thinks that the probability of winning the second contract decreases to 54%.a. what is the probability that they win both contracts? probability =b. what is the probability that they lose both contracts? probability =c. what is the probability that they win only one contract? probability =
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An aerospace company has submitted bids on two separate federal government defense contracts. the co...
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