Customers are used to evaluate 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. a. What is the probability that a product attains a good review? Ans = Blank 1 b. If a new design attains a good review, what is the probability that it will be a highly successful product? Ans = Blank 2 c. If a product does not attain a good review, what is the probability that it will be a highly successful product? Ans = Blank 3

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Final answers should be either in lowest-term Fraction or up to 4 decimal places only. For even smaller numbers, round off to the nearest non-zero digit.

Customers are used to evaluate 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.
a. What is the probability that a product attains a good review? Ans = Blank 1
b. If a new design attains a good review, what is the probability that it will be a highly successful product? Ans = Blank 2
c. If a product does not attain a good review, what is the probability that it will be a highly successful product? Ans = Blank
3
Transcribed Image Text:Customers are used to evaluate 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. a. What is the probability that a product attains a good review? Ans = Blank 1 b. If a new design attains a good review, what is the probability that it will be a highly successful product? Ans = Blank 2 c. If a product does not attain a good review, what is the probability that it will be a highly successful product? Ans = Blank 3
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