Anthony Papantonis owner of Nauset Construction is bidding o

Anthony Papantonis, owner of Nauset Construction, is bidding on two projects, A and B. The probability that he wins project A is 0.30 and the probability that he wins project B is 0.40. Winning Project A and winning Project B are independent events.

What is the probability that he wins project A or project B? (Round your answer to 2 decimal places.)

What is the probability that he does not win either project? (Round your answer to 2 decimal places.)

Solution

independent are independent so,
P(A & B) = P(A).P(B)

formulae required---
1)P(A & B) = P(A).P(B)

2)P(A or B) = P(A) + P(B) - P(A & B)

3)P(neither) = 1 - P(A or B)

1) P(A or B) = P(A) + P(B) - P(A & B)
     = 0.3 + 0.4 - 0.3*0.4 = 0.58 ans

2) P(neither) = 1 - P(A or B)
   = 1 - 0.58 = 0.42 ans
note: be careful. independent does not mean disjoint !