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The SC Electric Company has bid on two electrical wiring jobs. The owner of the company believes that The probability of being awarded the first job (event A) is 0.75; . The probability of being awarded the second job (event B) is 0.5; and The probability of being awarded both jobs (event (A and B)) is 0.375.

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If the owner's beliefs are correct,  Event A and Event B are not mutually exclusive and are independent and must be true for event A and event B.

Simply put, the probability is the likelihood that something will occur. When we don't know how an event will turn out, we can discuss the likelihood or likelihood of several outcomes.

By simply dividing the favorable number of possibilities by the entire number of possible outcomes, the probability of an occurrence can be determined using the probability formula. Because the favorable number of outcomes can never exceed the entire number of outcomes, the chance of an event occurring might range from 0 to 1. Additionally, the proportion of positive outcomes cannot be negative. In the sections that follow, let's go into greater detail on the fundamentals of probability.

Know more about probability at:

https://brainly.com/question/24756209

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