SOLUTION: An information technology firm has submitted independent bids on two separate
government contracts. The probability of the firm winning the first contract is 0.4, and
the probabi
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Question 1188758: An information technology firm has submitted independent bids on two separate
government contracts. The probability of the firm winning the first contract is 0.4, and
the probability of the firm winning the second contract is 0.3. Find the probability that the
firm
(a) wins both contracts (b) wins neither contract
(c) wins only one contract (d) wins at least one contract
Answer by ikleyn(52788) (Show Source): You can put this solution on YOUR website!
.
An information technology firm has submitted independent bids on two separate
government contracts. The probability of the firm winning the first contract is 0.4, and
the probability of the firm winning the second contract is 0.3. Find the probability that the
firm
(a) wins both contracts (b) wins neither contract
(c) wins only one contract (d) wins at least one contract
~~~~~~~~~~~~~~
This post has a HUGE DEFICIENCE, or HUGE HOLE.
It is because the post leaves it UNDETERMINED, how to calculate the probability of two events if they happen simultaneously.
So, it is formulated unprofessionally, and, therefore, does not deserve a professional consideration.
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