Find probability of winning bid both projects


The company is submitting bids for 2 different projects, project A and project B. Based on the research, company experts evaluate that probability of winning bid for project A is 0.60 and probability of winning bid for project B is 0.40. The research has also illustrated that if company wins one bid, chance of winning other bid is decreased to half of original probability.

i) Find probability of winning bid both projects?

ii) Find probability of winning at least one of the bids?

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Mathematics: Find probability of winning bid both projects
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