A new communications company (NCC) wants to offer broad band services (high speed internet), TV, telephone) to residents of a country .It will be successful only if an existing cable company (ECC) decides to allow itself be bought by this new company. There is an 80% probability the existing cable company will sell if an influential director resigns and a 12 % probability the existing cable company will sell if an influential director does NOT resign .The new communication company believes there is a 40% chance the director will resign. What is the probability the cable company will sell? Select one: a. 0.392 b. 0.528 c. 0.320 d. 0.096

A new communications company (NCC) wants to offer broad band services (high speed internet), TV, telephone) to residents of a country .It will be successful only if an existing cable company (ECC) decides to allow itself be bought by this new company. There is an 80% probability the existing cable company will sell if an influential director resigns and a 12 % probability the existing cable company will sell if an influential director does NOT resign .The new communication company believes there is a 40% chance the director will resign. What is the probability the cable company will sell? Select one: a. 0.392 b. 0.528 c. 0.320 d. 0.096

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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