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A certain federal agency employs three consulting firms; A, B and C. The probability that the federal agency employs company A is .40, company B
A certain federal agency employs three consulting firms; A, B and C. The probability that the federal agency employs company A is .40, company B is .35 and company C is .25 respectively. From PEELEJEPEIEEDQE it is known that the probability of cost overruns given the consulting firm is employed is.05 for company A, .03 for company B and .15 for company (3. Suppose a cost overrun is experienced by an agency (15 points) a) What is the probability that the cost overrun involved company C? b) What is the probability that the cost overrun involved company A?I c} What is the probability that a cost overrun is experienced
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