Customers are used to evaluate preliminary product designs. In the past, 95% of highlysuccessful products received good reviews, 40% of moderately successful products receivedgood reviews, and 10% of poor products received good reviews. In addition, 40% of productshave been highly successful, 35% have been moderately successful, and 20% have been poorproducts.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 successfulproduct?a. 0.540, 0.704O b.0.460, 0.620C. NONEO d. 0.585, 0.615

Answered: Image /qna-images/answer/a261b986-e3e2-4787-a15c-da1c03976b30.jpg

Answered: Customers are used to evaluate…

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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An airline is considering adding a route to the city of Buffalo, NY. Market research predicts that if the airline serves Buffalo, there is a 32% probability of making a $500,000 profit, a 22% chance of breaking even, and a 46% probability of losing $300,000. What is the expected value of adding a route to Buffalo?
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?
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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?
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An assembly line produces a tool. The parts are independently sampled one at a time and tested for compliance. Historically, 0.15 of the parts have been found to be non-compliant. What is the probability that the 6th sampled part will be the 3rd part found to be non-compliant?

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