document.write( "Question 1172448: Construction company A is determining whether it should submit a bid for a new shopping center. In the past, their main competitor, construction company B, has submitted bids 60% of the time. If company B does not bid on a job, the probability that company A will get the job is 50% If company B bids on a job, the probability that company A will get the job is 0.25
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document.write( "a. If company A gets the job, what is the probability that company B did not bid?
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document.write( "b. What is the probability that company A will get the job? \n" );
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Algebra.Com's Answer #797505 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! ====B bids======B doesn't bid====Total \n" ); document.write( "A+ *--15-----------20-----------------35 \n" ); document.write( "A- *---45----------20-----------------65 \n" ); document.write( "Total==60=======40============100\r \n" ); document.write( "\n" ); document.write( "If company A gets the job (35) the probability B did not bid is 20/35 or 4/7 \n" ); document.write( "The probability A will get the job is 35/100 or 7/20. \n" ); document.write( " |