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VladimirAG [237]
3 years ago
13

An aerospace company has submitted bids on two separate federal government defense contracts. The company president believes tha

t there is a 35% probability of winning the first contract. If they win the first contract, the probability of winning the second is 73%. However, if they lose the first contract, the president thinks that the probability of winning the second contract decreases to 48%.1. What is the probability that they will lose both contracts? 2. What is the probability that they win only one contract? 3. What is the probability that they win both contracts?
Mathematics
1 answer:
jeyben [28]3 years ago
7 0

Answer:

1) 0.338

2) 0.4065

3) 0.2555

Step-by-step explanation:

1. The probability that they will lose both contracts is the probability of losing contract 1 and 2 altogether:

The probability of losing contract 1 is: 1 - 0.35 = 0.65

The probability of losing contract 2, given that they lose contract 1 is: 1 - 0.48 = 0.52

The probability of losing both contracts is 0.65*0.52 = 0.338

2. The probability that they win only one contract is the probability they they win contract 1, lose contract 2, plus the probability that they lose contract 2, win contract 1:

0.35*(1-0.73) + (1-0.35)*0.48 = 0.0945 + 0.312 = 0.4065

3. The probability that they win both contract is

0.35 * 0.73 = 0.2555

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Answer:

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Step-by-step explanation:

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5 0
2 years ago
The diameter of a circle is 4 kilometers. What is the circle's circumference?
scZoUnD [109]

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6 0
3 years ago
Read 2 more answers
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OverLord2011 [107]

Answer:

N = 920(1+0.03)^4t

Step-by-step explanation:

According to the given statement a car repair center services 920 cars in 2012. The number of cars serviced increases quarterly at a rate of 12% per year after 2012.

Rate is 12 % annually

rate in quarterly = 12/4= 3%

We will apply the compound interest equation:

N=P( 1+r/n)^nt

N= ending number of cars serviced.

P=  the number of cars serviced in 2012,

r = interest rate

n = the number of compoundings per year

t= total number of years.

Number of compoundings for t years = n*t = 4t

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5 0
3 years ago
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galben [10]

Answer:

D 12

Step-by-step explanation:

The product of the lengths of the segments of one chord equal the product of the segments of the other.

x*4 = 6*8

4x = 48

Divide each side by 4

4x/4 = 48/4

x = 12

4 0
3 years ago
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