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Anne is choosing a contractor. She has narrowed down her selection to two
companies and will base her decision on the likelihood that the job is done on
time and on budget. She uses online reviews to estimate the probabilities.
Contractor A
Contractor B
Probability that the job
is done on time
0.93
0.97
0.98
Probability that the job
is done within budget
0.96
Which contractor should Anne choose to maximize the probability that the job
will be done on time and on budget? Assume all events are independent.

Respuesta :

Answer: the answer is contractor A: the probability that both conditions are met is 0.92.

Step-by-step explanation:

abiolataiwo2015

The contractor that Anne should  choose to maximize the probability is:  Contractor A: the probability that both conditions are met is 0.92.

Probability

Contractor A probability of a job well done

Probability=0.95×0.97

Probability=0.92

Contractor B probability of a job well done

Probability=0.98×0.93

Probability=0.91

Hence:

O.92>0.91

Anne should choose contractor A

Therefore to maximize the probability  Anne should  choose contractor A.

Learn more about probability here:https://brainly.com/question/24756209

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