Question 629160
The probability that a contractor will win a bid for contract A is 0.45; the probability that the contractor will win a bid for contract B is 0.25. The two bids are believed to be independent of each other. What is the probability that the contractor will win at least one of the two bids?
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P(wind at least one) = 1 - P(lose both) = 1 - 0.55*0.75 = 0.5875
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Cheers,
Stan H.
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