A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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Question
A computer consulting firm presently has bids out on three projects. Let Ai = {awarded project i}, for i = 1, 2, 3, and suppose that P(A1) = 0.23, P(A2) = 0.25, P(A3) = 0.29, P(A1 ∩ A2) = 0.08, P(A1 ∩ A3) = 0.05, P(A2 ∩ A3) = 0.07, P(A1 ∩ A2 ∩ A3) = 0.01. Use the probabilities given above to compute the following probabilities, and explain in words the meaning of each one. (Round your answers to four decimal places.)
P(A1 ∩ A2 ∩ A3 | A1 ∪ A2 ∪ A3)
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