Answer:
9.) .784 . 10) 0.29
Step-by-step explanation:
Answer:
<u>The probability that both companies become profitable is 0.03 or 3%.</u>
Step-by-step explanation:
1. Let's review the information given to us to answer the question correctly:
Probability of biotechnology start-up company of becoming profitable = 0.2
Probability of information technology start-up company of becoming profitable = 0.15
2. Assume the companies function independently What is the probability that both companies become profitable?
We will answer this question, assuming these are independent events, this way:
Probability that both companies become profitable = Probability of biotechnology start-up company of becoming profitable * Probability of information technology start-up company of becoming profitable
Replacing with the values given, we have:
Probability that both companies become profitable = 0.2 * 0.15 = 0.03
<u>The probability that both companies become profitable is 0.03 or 3%.</u>
Why did you delete my question? but the answer maybe 24 if you divide by 48
Answer:
its 20
Step-by-step explanation:
