Question

The Chef and I is determining whether it should submit a bid to cater a wedding....

The Chef and I is determining whether it should submit a bid to cater a wedding. In the past, The Chef and I’s main competitor, Beyond Details, has submitted bids 60% of the time.If Beyond Details does not bid on a job, the probability that The Chef and I will get the job is 0.70. If Beyond Details bids on a job, the probability that The Chef and I will get the job is 0.10. (a) If The Chef and I gets the job, what is the probability that Beyond Details did not bid? (Round answer to three decimal places.) (b) What is the probability that The Chef and I will get the job?

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