Essay
Construction Bids
A construction company has submitted bids on two separate state contracts,A and B.The company feels that it has a 60% chance of winning contract A,and a 50% chance of winning contract B.Furthermore,the company believes that it has an 80% chance of winning contract A if it wins contract B.
-{Construction Bids Narrative} What is the probability that the company will win at least one of the two contracts?
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P(A or B)= P(A)+ P(B...View Answer
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