Construction Bids ​

question 216

Essay

Construction Bids ​
A construction company has submitted bids on two separate state contracts,A and B.The company feels that it has a 60% chance of winning contract A,and a 50% chance of winning contract B.Furthermore,the company believes that it has an 80% chance of winning contract A if it wins contract B. ​ ​
-{Construction Bids Narrative} What is the probability that the company will win both contracts?

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Definitions:

Fibers

Indigestible plant substances consisting mostly of cellulose, aiding in digestion and bowel health.

Sclereids

Thick-walled, often branched cells found in plants that provide support and deter herbivory.

Guard Cells

Pairs of cells surrounding stomata in plant leaves and stems, regulating gas exchange and water loss by controlling the opening and closing of stomata.

Epidermis

The outermost layer of cells covering an organism, particularly the surface epithelium of the skin or outer layer of leaves and other plant organs.