Explore BrainMass
Share

Explore BrainMass

    Computing probability using the Rule of Addition

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    In our virtual world, we own a construction company and bid on projects. Based on our past history of winning bids on projects, the probability of winning the next contract to build a school is 0.40, to build a hospital is 0.30 and to build both a school and a hospital is 0.20. What is the probability of winning a contract to build either the school or the hospital? The school only? The hospital only?

    © BrainMass Inc. brainmass.com October 10, 2019, 7:32 am ad1c9bdddf
    https://brainmass.com/math/probability/computing-probability-using-the-rule-of-addition-585438

    Solution Preview

    We need use the Rule of Addition.

    So P(build either the school or the hospital)=P(build the ...

    Solution Summary

    The solution gives detailed steps on computing the probability using the Rule of Addition.

    $2.19