Mathematics, 24.03.2020 01:29 azelyanoel
Suppose there is a 20% chance that revenue will exceed expectations, a 10% chance that costs will be lower than expected, and a 25% chance that the number of defective parts will be lower than expected. Assume that all variables are statistically independent. What is the chance that all 3 favorable outcomes occur together?
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Suppose there is a 20% chance that revenue will exceed expectations, a 10% chance that costs will be...
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