A contractor is bidding on two construction jobs. they estimate the probability that he will get...
A contractor is bidding on two construction jobs. they estimate the probability that he will get contract A at 0.6 and the probability of getting contract B at 0.5. They also put the chance at getting both contracts at 0.2
a) Create a labeled venn diagram for this situation?
b) What is the probability that they get contract A or B
c) What is the probability they get contract A given that they get contract B?
d) Based on the probabilities, are getting contract A and getting contract B independent events?
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