Question 2 [22] 2.1. An aerospace company has submitted bids on two separate government contracts A and B. The company feels that it has 50% chance of winning contract A and 40% chance of winning contract B. Furthermore, it believes that winning contract A is independent of winning contract B. 2.1.1. Draw a tree diagram to represent the above experiment and list the possible outcomes. (Hint: Use W to denote Win and L to denote Lose) [4] 2.1.2. Write down the sample space. [1] 2.1.3. What is the probability that the company will win both contracts? [2] 2.1.4. What is the probability that the company will win at least 1 of the contracts [2]