Answers must be in 4 decimalsCustomers are used to evaluating preliminary product designs.In the past, 95% of highly successful products received good reviews,60% of moderately successful products received good reviews,and 10% of poor products received good reviews.In addition, 40% of products have been highly successful, 35% have been moderately successful, and 25% have been poor products.what is the probability that a product attains a bad review?

Obtain the probability that a product attains a bad review. The probability that a product attains a…

Answered: Answers must be in 4 decimalS Customers…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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In a recent year, the Better Business Bureau settled 75% of complaints they received. You have been hired by the Bureau to investigate complaints this year involving computer stores. You plan to select a random sample of complaints to estimate the proportion of complaints the Bureau is able to settle. Suppose your sample size is 141. What is the probability that the sample proportion will be at most 4 percent more than the population proportion? (Enter your answer as a number accurate to 4 decimal places.)
Diet Dr.Pepper is going old school and putting a "Free DP" notification under 10% of their 20-oz bottle caps. If I purchase a 6-pack of 20-oz bottles, what is the probability that I win at least two free drpeppers?
A sample of 2500 patients were taken to assess a medical test. 40% of the sample had a positive test, 563 patients have the disease and tested negative, and 235 patients do not have the disease and tested positive. What is the probability someone has a positive test if it is known they do have the disease? (round your answer to 4 decimal places) What is the probability someone does not have the disease if their test is known to be negative? (round your answer to 4 decimal places)
candy industries take random samples from their inventory and sort by flavor. daycare center samples a number of those they take care of and sort by how often they cry during a day visit. If you randomly select a candy from the candy sample and a child in daycare from the daycare sample, what is the probability that you'd pick a grape taffy and a child who cries more than twenty times a day?
Customers are used to evaluate preliminary product designs. In the past, 95% of highly successful products received good reviews, 40% of moderately successful products received good reviews, and 10% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% have been moderately successful, and 20% have been poor products. What is the probability that a product attains a good review? If a new design attains a good review, what is the probability that it will be a highly successful product? O a. 0.460, 0.620 O b.0.585, 0.615 OC. NONE O d. 0.540, 0.704
A project has a 60% of super success earning $50,000, a 15% chance of mediocre success earning $20,000, and a 25% probability of failure losing $30,000. What is the EMV of the project?
You are interested in the number of people that will visit your restaurant in the noon hour. Historically, there is a 10% chance that more than 10 customers will visit, a 30% chance that more than 8 customers will visit, a 50% chance that more than 6 customers will visit, a 80% chance that more than 4 customers will visit, and a 95% chance that at least 2 customers will visit during the noon hour. What is the probability that 4 or less customers will visit the restaurant -- the number required to break even financially for the day?Express your answer as a percent value. So if your answer is 100% for example, enter 100. Round your answer to the nearest percent.
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In a recent year, the Better Business Bureau settled 75% of complaints they received. You have been hired by the Bureau to investigate complaints this year involving computer stores. You plan to select a random sample of complaints to estimate the proportion of complaints the Bureau is able to settle. Suppose your sample size is 299. What is the probability that the sample proportion will be at least 5 percent more than the population proportion?
A blood test for diabetes gives a positive result with a proportion of 0.22 when an individual has diabetes and a negative result with a proportion of 0.11 when they do not. Approximately a proportion of 0.66 of the population has diabetes. If a randomly chosen citizen tested negative, what is the probability that they actually have diabetes? Round your answer to five decimals.
On the average the traffic pattern at an intersection is as follows: • Twice as many cars go through as the number of vans, bicycles and trucks combined. • Twice as many vans go through as the number of bicycles and trucks combined. • Half as many trucks go through as the number of bicycles. Calculate the probability that the next vehicle to go through is a truck or a car. (19/27)
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