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Mathematics, 21.10.2020 16:01 charethafoster

Five companies (A, B, C, D, and E) that make elec- trical relays compete each year to be the sole sup- plier of relays to a major automobile manufacturer. The auto company’s records show that the probabili- ties of choosing a company to be the sole supplier are Supplier chosen: A B C D E Probability: .20 .25 .15 .30 .10 a. Suppose that supplier E goes out of business this year, leaving the remaining four companies to compete with one another. What are the new probabilities of companies A, B, C, and D being chosen as the sole supplier this year? b. Suppose the auto company narrows the choice of suppliers to companies A and C. What is the probability that company A is chosen this year?

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Five companies (A, B, C, D, and E) that make elec- trical relays compete each year to be the sole su...
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