A store only sells two types of products: type A and type B. If a customer only buys product A, the probability that he will also buy product B, if offered, is 0.35; On the other hand, it is known that each client that arrives has a probability that he will buy a product A is 0.75, while the probability that he will buy a product B is 0.65. Find the probability that a customer who buys only product B will purchase product A if offered.

Q: Suppose an insurance company has three types of customers-high risk, medium risk and low risk. From…

A: Given that: 25% of customers are high risk 25% of customers are medium risk 50% of customers are low…

Q: A building contractor buys 70% of his cement from supplier A and 30% from supplier B. A total of 75%…

A:

Q: A film producer is evaluating a script by a new screenwriter. The producer knows that the…

A: Expected value stratey refers to that strategy in which the agent takes decision  based on the…

Q: Based on a study from the Chronicles of Flippin'' Awesomeness, the probability that Napoleon and…

A:

Q: John finds a bill on his desk. He has three options: ignore it and leave it on his own desk, move…

A: Given that

Q: On a particular manufacturing job, the probability that there will be a shortage of copper is 0.37.…

A: Solution: Let A be the event that shortage of copper and B the event that shortage of aluminium.…

Q: e route used by a certain motorist in commuting to work contains two intersections with traffic…

A:

Q: In a population of 10,000, there are 5000 nonsmokers, 2500 smokers of one pack or less per day, and…

A: Given Information: In a population of 10,000, there are 5000 smokers, 2500 smokers of one pack or…

Q: In 2013, the total sales from 3 different car production companies was 606,334 cars or light trucks.…

A:

Q: Suppose that an employee at a local company checks his watch and realizes that he has 10 minutes to…

A: Multiplication rule for independent events:If two events A and B are independent then the…

Q: In 2013, the total sales from 3 different car production companies was 606,334 cars or light trucks.…

A: Given in​ 2013, the total sales from 3 different car production companies was​ 606,334 cars or light…

Q: A building contractor buys 60​% of his cement from supplier A and 40​% from supplier B. A total of…

A: Answer:- Given,A building contractor Buys cement from supplier A = 60% .That is , P(A) = 0.60  A…

Q: rtment in a universi being interviewed sses his probability any

A: It is given that John has completed his graduation in engineering department and he interviewed in…

Q: per day. For smokers who smoke a pack or less per day, there is a 10% probability of quitting and a…

A:

Q: A company is introducing a new product into the market. If the sales are high, there is a 0.6…

A: To obtain the expected returns resulting from a single transition from state i given alternative k,…

Q: What is the probability that Napoleon and Pedro catch the bus and make it to their first period…

A:

Q: In a population of 10,000, there are 5000 nonsmokers, 2500 smokers of one pack or less per day, and…

A: The given Information can be depicted as follows:       During any month       Begin smoking 1…

Q: In a population of 10,000, there are 5000 nonsmokers, 2500 smokers of one pack or less per day, and…

A: Given,  Total population : 10000 Nonsmokers : 5000 Smokers of one pack or less per day : 2500…

Q: Suppose that the space shuttle has three separate computer control systems. The main system and two…

A: As Given in the question: There are three separate computer control systems. The main system and two…

Q: In 2013, the total sales from 3 different car production companies was 606,334 cars or light trucks.…

A:

Q: A students is going to graduate from a business department of a university by the end of the…

A:

Q: A store specializing in mountain bikes is to open in one of two malls. If the first mall is​…

A: For mall 1 : Profit 825,000 -275,000  Probability 12 12   So the expected value…

Q: In a population of 10,000, there are 5000 nonsmokers, 2500 smokers of one pack or less per day, and…

A: The given transition matrix in this case is    Non-smokers Smokers 1 pack per day or less Smokers…

Q: It is known from past eperience that the probability that a person has cancer is 0.15 and the…

A:

Q: In a population of 10,000, there are 5000 nonsmokers, 2500 smokers of one pack or less per day, and…

A: The number of non-smokersThe number of smokers of one pack or less per dayThe number of smokers of…