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?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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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
Transcribed Image Text: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
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