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26 February, 14:31

Abc company builders has bid on two large construction prodjects. The companies advisor believes that the probability of winning the first contract is 0.7 in the probability of winning the second contract is 0.4. He further believes that there is a 0.2 chance that the company will win both Contacts use a Venn diagram to determine the probability that ABC company builders when the least one of the two contracts.

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  1. 26 February, 14:52
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    P (at least one of the contract) = 0.7 + 0.4 - 0.2 = 0.9
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