(b) A computer-consulting firm presently has bids out on three projects. Let A= (awarded project i), for i=1,2,3 and sup
Posted: Fri Nov 26, 2021 8:38 am
(b) A computer-consulting firm presently has bids out on three projects. Let A= (awarded project i), for i=1,2,3 and suppose that P(A)=0.25, P(A)=0.30, P(4)=0.22, PCA n A,)=0.11, P(A A)=0.05, P(A, n 43)=.07, PANA, NĄ)=.01. (i) What is the probability that exactly one of the three project will be awarded? (ii) What is the probability that exactly two of the three project will be awarded?