Solved: Suppose that start-up companies in the area of biotechnology have probability
Chapter 2, Problem 8(choose chapter or problem)
A drag racer has two parachutes, a main and a backup, that are designed to bring the vehicle to a stop after the end of a run. Suppose that the main chute deploys with probability 0.99, and that if the main fails to deploy, the backup deploys with probability 0.98.
a. What is the probability that one of the two parachutes deploys?
b. What is the probability that the backup parachutes deploys?
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