HW2 - S tat 4714 HW 2 Due Friday 9/3 at 1:15pm Inst...

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Stat 4714 HW 2 – Due Friday 9/3 at 1:15pm Instructions: Complete all problems, showing as much work as possible. Follow HW submission guidelines as explained in the syllabus. 1) A project manager for an engineering firm submitted bids to provide multidisciplinary engineering design on four projects. The firm formally evaluates the chances that each bid will be accepted. The following table summarizes the firm’s beliefs by project. We can reasonably assume that the individual bids are independent. Company A B C D Probability .3 .7 .2 .4 a) Find the probability that all four bids are accepted. b) Find the probability that only company B is accepts the bid. c) Find the probability that at least one bid is accepted. Note: Use the fact that P(A U B U C U D) = 1 – P(A C B C C C D C ) 2) An experiment consists of tossing a die and then flipping a coin. The coin is flipped once if the number on the die is even. If it is odd, the coin is flipped twice. a.
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HW2 - S tat 4714 HW 2 Due Friday 9/3 at 1:15pm Inst...

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