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Mathematics, 07.06.2020 03:58 kbar7555

A certain federal agency employs three consulting firms (A, B and C) with probabilities 0.40, 0.45 and 0.15. From past experiences, it is known that the probability of cost overruns for the firms are 0.01, 0.14, and 0.17, respectively. Suppose that a cost overrun is experienced by the agency. What is the probability that the firm involved is firm B

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A certain federal agency employs three consulting firms (A, B and C) with probabilities 0.40, 0.45 a...
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