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Mathematics, 18.03.2020 20:51 kalliebjones4511

Whether a grant proposal is funded quite often depends on the reviewers. Suppose a group of research proposals was evaluated by a group of experts as to whether the proposals were worthy of funding. When these same proposals were submitted to a second independent group or experts, the decision to fund was reversed in 30% of the cases. If the probability that a proposal is approved for funding by the first peer review group is .2, what are the probabilities of these events? (4 points. 1-1/3 point for each part of the question.)

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