Customers are used to evaluate preliminary product designs. In the past, 95% of highly successful products received good reviews, 60% of moderately successfulproducts received good reviews, and 10% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% havebeen moderately successful, and 25% have been poor products.a. What is the probability that a product attains a good review?b. If a new design attains a good review, what is the probability that it will be a highly successful product?c. If a product does not attain a good review, what is the probability that it will be a highly successful product

Probability of an event is computed by taking the ratio of number of favourable outcomes to total…

Answered: Customers are used to evaluate…

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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The percentage of mechanical-, civil-, aeronautical-, industrial-, and chemical-engineer- ing students in the course, Engineering Mathematics, is, respectively, 25, 20, 15, 22, and 18. The probability of a mechanical-, civil-, aeronautical-, industrial-, and chemical-en- gineering students getting the grade A is 0.7, 0.6, 0.8, 0.5, and 0.65, respectively. If a student chosen at random at the end of the semester earned an A in the course, find the probability of the student belonging to mechanical engineering.
rudolph's electronics makes sets of christmas lights. on average, 4% of the bulbs produced by theircupplier will be defective. rudolph samples 300 bulbs from each shipment. if more than 3% of the bulbs aredefective, he refuses the shipment. what is the probability that a given shipment will be accepted?
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?
Five percent of all blue ray players manufactured by a large electronics company are defective. A quality control inspector randomly selects three players from the production line. What is the probability that exactly one of these three blue ray players is defective?
A gas station has three grades of fuel, regular, premium and diesel. Due to problems with the supply chain, the probabilities that the station will run out of any three fuel types in a week are 0.10, 0.16 and 0.24, respectively. These probabilities are statistically independent. Also, if there is a shortage of diesel, the probability of a shortage of premium becomes 0.25. 1. How likely is the station to run out of all three fuels in a given week? 2. What is the probability that if regular runs out, both premium and diesel will also run out? 3. What is the probability that the station will run out of at least one of either premium and diesel? 4. What is the probability that the station will run out of at least 2 of the fuels in a week?
The management of the large department store in Example B.1 must determine whether more training is neededfor the customer service clerk. The clerk at the customer service desk can serve an average of three customersper hour. What is the probability that a customer will require 10 minutes or less of service?
Samples of emissions from three suppliers are classified for conformance to air-quality specifications. The results are summarized as follows: Conforms to air-quality YES NO A 29 13 Supplier B 24 10 31 7 What is the probability of an emission conforms to air-quality and Supplied from B?

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