Mathematics, 24.06.2019 19:30 11AnimalLover11
An oil exploration company currently has two active projects, one in asia and the other in europe. let a be the event that the asian project is successful and b be the event that the european project is successful. suppose that a and b are independent events with p(a) = 0.7 and p(b) = 0.3. (a) what is the probability that at least one of the two projects will be successful? (b) what is the probability that exactly one of the two projects will be successful? (c) if the european project is not successful, what is the conditional probability that the asian project is successful? explain your reasoning.
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An oil exploration company currently has two active projects, one in asia and the other in europe. l...
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