Construction Bids ​

question 171

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} If the company wins contract B,what is the probability that it will not win contract A?

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Definitions:

Understand Death

The comprehension of the concept of death, including its biological finality and its impact on the living.

Complicated Grief

An intense, prolonged period of grief that is characterized by significant impairment in daily functioning.

Future Life

Speculations or expectations about one's life or the world in the coming years.

Impedes

Impedes means to slow down the progress or obstruct the path of something.