Judged worthy of funding by the first panel


Assume a group of research proposals was evaluated by panel of experts to decide whether or not they were worthy of funding. When these same proposals were submitted to the second independent panel of experts, the decision to fund was reversed in 30% of the cases. If the probability that a proposal is judged worthy of funding by the first panel is 0.2, what are the probabilities of these events? (Enter your answers to two decimal places.)

A worthy proposal is disapproved by both panels.

A worthy proposal is approved by one panel.

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Basic Statistics: Judged worthy of funding by the first panel
Reference No:- TGS0870350

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