document.write( "Question 860994: Thank you in advance for your help. I'm not understanding how to set up these problems or how to solve them.\r
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document.write( "An aerospace company has submitted bids on two separate federal government defense contracts. The company president believes that there is a 44% probability of winning the first contract. If they win the first contract, the probability of winning the second is 67%. However, if they lose the first contract, the president thinks that the probability of winning the second contract decreases to 54%.\r
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document.write( "A. What is the probability that they win both contracts?\r
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document.write( "Probability = \r
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document.write( "I've tried squaring the percentages of .44*.67 together. I've tried adding .44 and .67, then squaring it. I've tried squaring .67 by itself.\r
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document.write( "B. What is the probability that they lose both contracts?\r
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document.write( "Probability = \r
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document.write( "I've tried taking the differences of winning the contracts and (like the above problem) different combinations of combining and/or squaring.\r
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document.write( "C. What is the probability that they win only one contract?\r
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document.write( "Probability = \r
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document.write( "I know that if the company loses the first contract, they can still get the second contract, which I think is key. I just don't know how to set it up.\r
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document.write( "Thanks again. Anything to help would be appreciated. \n" );
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Algebra.Com's Answer #518782 by ewatrrr(24785) You can put this solution on YOUR website! P(win both contract) = \n" ); document.write( "P(lose both) = 1 - P(win both) \n" ); document.write( "P(win one 0r the other) = .44 + .54 \n" ); document.write( " |