aerospace company has submitted bids on two separate federal government defense contracts. The company president believes that there is a 36% probability of winning the first contract. If they win the first contract, the probability of winning the second is 72%. However, if they lose the first contract, the president thinks that the probability of winning the second contract decreases to 55%. A What is the probability that they win both contracts? Probability = B. What is the probability that they lose both contracts? Probability = C. What is the probability that they win only one contract? Probability =

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