A company is bidding on two projects, A and B. The probability that the company wins project A is 0.40 and the probability that the company wins project B is 0.25. Winning project A and winning project B are independent events. What is the probability that the company wins project A or project B?
A) 0.55
B) 0.65
C) 0.30
D) 0.25

Question

Quizplus · Accepted Answer

The probability of winning project A or project B is the sum of the probabilities of winning each project, since the events are independent. Therefore, the probability is 0.40 + 0.25 = 0.65.

A Company Is Bidding on Two Projects, a and B