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Mathematics, 07.08.2019 03:20 Gabzer8524

As manager for a construction firm, you are in charge of bidding on two large contracts. you believe the probability you get contract #1 is 0.40.4. if you get contract #1, the probability you also get contract #2 will be 0.60.6, and if you do not get #1, the probability you get #2 will be 0.70.7. complete parts (a) through (c). a) sketch the probability tree.

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As manager for a construction firm, you are in charge of bidding on two large contracts. you believe...

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