An aircraft

An aircraft manufacturing company has submitted bids on two separate airline contracts, A and B. The company feels it has a 70% chance of winning contract A and a 25% chance of winning contract B. Furthermore, it believes that winning contract A is independent of winning contract B.

a) What is the company's probability of winning either of the two contracts?
b) What is the probability that the company will win both contracts?

Correct answer:

p1 =  0.775
p2 =  0.175

Step-by-step explanation:

a=70%=10070=107=0.7 b=25%=10025=41=0.25  p1=a+ba b=0.7+0.250.7 0.25=0.775
p2=a b=0.7 0.25=0.175

Did you find an error or inaccuracy? Feel free to write us. Thank you!

Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Would you like to compute the count of combinations?

You need to know the following knowledge to solve this word math problem:

Related math problems and questions: