Question: (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. Projects A worth about $120 million and the company believes it has 40% chance of securing the projects. 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. i) will secure project A & B but not both ii) will not secure Project A or will not secure Project B (b) Do you agree that “if two events are mutually exclusive then these two events will be independent”? WHY? (c) Provide one business-related example each, with explanation, for mutually exclusive and independent events.