Hi all these answers you given are wrong. (a) Superior Construction Pte Ltd is a successful company dealing with many major projects in Singapore. Recently, it has submitted its biddings for two major...

Hi all these answers you given are wrong. (a) Superior Construction Pte Ltd is a successful company dealing with many major projects in Singapore. Recently, it has submitted its biddings for two major Government projects. Project A worth about $120 million and the company believes it has 40% chance of securing the project. Project B worth $1.8 billion and there is 30% chance the company can win the project. Both projects are independent of each other. What is the probability that the company: will secure Project A or B but not both (3 marks) will not secure Project A or will not secure Project B (3 marks) (b) Do you agree that “if two events are mutually exclusive then these two events will be independent”? Why? (5 marks) (c) Provide one business-related example each, with explanation, for mutually exclusive and independent events. (4 marks)