Question
An architectural firm is putting out bids to design two large buildings. Suppose they believe they have 35% chance of getting the contract for the
An architectural firm is putting out bids to design two large buildings. Suppose they believe they have 35% chance of getting the contract for the first building, and 80% chance of getting the contract for the second building and a 10% chance of getting neither job. Draw a venn diagram for this situation and use your diagram to find the chance that they get both contracts. Use a formula for this situation to find the chance that they get both contracts.
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Management Science The Art Of Modeling With Spreadsheets
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