The company A produces products a, and the company B produces products b. It is known that 3 percent of companies that produce p
roducts a go bankrupt over the year. Plus, the probability for companies producing products b to go bankrupt over the year is 6.1. What is the probability (given in decimal number) that both companies are going bankrupt over the year? NB! Give the answer as a decimal number and round it to two decimal places.
Both companies produce different products and the likelihood of bankruptcy varies depending on the product produced. So, the bankruptcy potential of A and B companies is independent.
we will multiply the probability of each company's bankruptcy and that will be
In the Renaissance, when the political systems changed from the Medieval feudal systems, women of every social class saw a change in their social and political options that men did not. ... The role of women was a very scarce role. Women were supposed to be seen and not heard. Rarely seen at that.
