There is a 30 percent chance that a bidding firm will get contract A and a 40
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There is a 30 percent chance that a bidding firm will get contract A and a 40 percent chance it will get contract B. There is a 5 percent chance that it will get both. Are the events independent?
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Related Book For
Essential Statistics In Business And Economics
ISBN: 9781260239508
3rd Edition
Authors: David Doane, Lori Seward
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