Suppose that there are four corporations competing for five different contracts. If the contracts are awarded...
Suppose that there are four corporations competing for five different contracts. If the contracts are awarded randomly, what is the probability that each corporation will get at least one contract?
Suppose that there are seven corporations competing for eight different contracts. If the contracts are awarded randomly, what is the probability that each corporation will get at least one contract?
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Suppose that there are four corporations competing for five
different contracts. If the contracts are awarded...
Suppose that there are four companies competing for five different government contracts. If the contracts are...
Suppose that there are four companies competing for five different government contracts. If the contracts are awarded randomly, what is the probability that each corporation will get at least one contract? (a) 0.213 (b) 0.500 (c) 0.234 (d) 0.333 (e) 0.667
Five construction companies each offer bids on three DISTINCT Department of Transportation (DOT) contracts. A particular...
Five construction companies each offer bids on three DISTINCT Department of Transportation (DOT) contracts. A particular company will be awarded at most one DOT contract. a) How many different ways can the bid be awarded? b) Under the assumption that the simple events are equally likely, find the probability that company 2 is awarded a DOT contract. c) Suppose that companies 4 and 5 have submitted non-competitive bids. If the contracts are awarded at random by the DOT, find the...
2. The contracts for three independent construction jobs are to be assigned to one or more...
2. The contracts for three independent construction jobs are to be assigned to one or more of four competing firms: Firm A, Firm B, Firm C, and Firm D. For each contract, assume that it is equally likely to be awarded to any of the four firms. Let X represent the number of contracts assigned to Firm A, Y the number of contracts assigned to Firm B, and Z the number of contracts assigned to Firm C. (a) Determine the...
A construction firm bids on two different contracts. Let E1 be the event that the bid...
A construction firm bids on two different contracts. Let E1 be the event that the bid on the first contract is successful, and define E2 analogously for the second contract. Suppose that P(E1) = 0.6 and P(E2) = 0.3 and that E1 and E2 are independent events. (a) Calculate the probability that both bids are successful (the probability of the event E1 and E2). (b) Calculate the probability that neither bid is successful (the probability of the event (not E1)...
A book can be classified as either non fiction or liction Suppose that 82% of books...
A book can be classified as either non fiction or liction Suppose that 82% of books are assified as fiction (a) Two books are chosen at random What is the probability that both books are fiction? (bj Seven books are chosen at random What is the probability that are books are fiction? c) What is the probability that at least one of seven randomly selected booksis non fiction? Wout it be unusual that at least one of severndomly selected books...
a diamond can be classified as either gem quality or industrial grade. suppose that 87% of...
a
diamond can be classified as either gem quality or industrial
grade. suppose that 87% of diamonds are classified as industrial
grade
A diamond can be classified as either gem-quality or industrial-grade. Suppose that 87% of diamonds are classified as industrial grade. (a) Two diamonds are chosen at random. What is the probability that both diamonds are Industrial-grade? (b) Eight diamonds are chosen at random. What is the probability that aleight diamonds are industrial-grade? (c) What is the probability that...
Suppose that a university student has to take 10 independent courses in the final year. The class of honors awarded is based on the results of the final year examination. If a student gets A‐ or above for at least 8 courses, he/she will be awarded a first
Suppose that a university student has to take 10 independent courses in the final year. The class of honors awarded is based on the results of the final year examination. If a student gets A‐ or above for at least 8 courses, he/she will be awarded a first class honors.Under ordinary circumstances, John will get A‐ or above for at least 8 courses with probability of 0.2. However, with a probability of 0.3, John will be in a low mood...
A box in a certain supply room contains three 40-W lightbulbs, seven 60-W bulbs, and five...
A box in a certain supply room contains three 40-W lightbulbs, seven 60-W bulbs, and five 75-W bulbs. Suppose that three bulbs are randomly selected. (Round your answers to four decimal places.) (a) What is the probability that exactly two of the selected bulbs are rated 75-w2 079 (b) What is the probability that all three of the selected bulbs have the same rating? (c) What is the probability that one blb of each type is selected? d) Suppose now...
A box in a certain supply room contains four 40-W lightbulbs, three 60-W bulbs, and five...
A box in a certain supply room contains four 40-W lightbulbs, three 60-W bulbs, and five 75-W bulbs. Suppose that three bulbs are randomly selected. (Round your answers to four decimal places.) (a) What is the probability that exactly two of the selected bulbs are rated 75-W? (b) What is the probability that all three of the selected bulbs have the same rating? (c) What is the probability that one bulb of each type is selected? (d) Suppose now that...
Discussion Board Week 4: Contracts This week your discussion topic is contracts. You have learned a...
Discussion Board Week 4: Contracts This week your discussion topic is contracts. You have learned a lot of the different legal requirements to hold an event public or private. The event planner must be heavily insured and should have their business incorporated, although they can have a business without corporation. There are many required licenses, city, state and federal, permits and tax ID numbers. Contracts are one of the most important legal documents you can have. Still, today many people...
A book can be classified as either non fiction or liction Suppose that 82% of books are assified as fiction (a) Two books are chosen at random What is the probability that both books are fiction? (bj Seven books are chosen at random What is the probability that are books are fiction? c) What is the probability that at least one of seven randomly selected booksis non fiction? Wout it be unusual that at least one of severndomly selected books...
a
diamond can be classified as either gem quality or industrial
grade. suppose that 87% of diamonds are classified as industrial
grade
A diamond can be classified as either gem-quality or industrial-grade. Suppose that 87% of diamonds are classified as industrial grade. (a) Two diamonds are chosen at random. What is the probability that both diamonds are Industrial-grade? (b) Eight diamonds are chosen at random. What is the probability that aleight diamonds are industrial-grade? (c) What is the probability that...
A box in a certain supply room contains three 40-W lightbulbs, seven 60-W bulbs, and five 75-W bulbs. Suppose that three bulbs are randomly selected. (Round your answers to four decimal places.) (a) What is the probability that exactly two of the selected bulbs are rated 75-w2 079 (b) What is the probability that all three of the selected bulbs have the same rating? (c) What is the probability that one blb of each type is selected? d) Suppose now...
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