Mathematics, 07.04.2020 23:38 roger93
A construction firm bids on two different contracts. Let E1 be the event that the bid on the first contract is successful, and define E2 analogously for the second contract. Suppose that P(E1) = 0.3 and P(E2) = 0.7 and that E1 and E2 are independent events.
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Asmall business produces and sells balls. the fixed costs are $20 and each ball costs $4.32 to produce. each ball sells for $8.32. write the equations for the total cost, c, and the revenue, r, then use the graphing method to determine how many balls must be sold to break even.
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A construction firm bids on two different contracts. Let E1 be the event that the bid on the first c...
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