Hi guys, just need your help on this question. Thanks.
Project X worth $1 million and has 40% chance to secure. Project Z worth $2.5billion and has 30% chance to secure. Both projects are independent of each other.
What is the probability that the company:
- Will secure Project X and Z but not both
- Will not secure Project X or will not Secure Project Z
Project X worth $1 million and has 40% chance to secure. Project Z worth $2.5billion and has 30% chance to secure. Both projects are independent of each other.
What is the probability that the company:
- Will secure Project X and Z but not both
- Will not secure Project X or will not Secure Project Z