Five companies (A, B, C, D, and E) that make electrical relays compete each year to be the sole supplier of relays to a major automobile manufacturer.  The auto company’s records show that the probabilities of choosing a company to be the sole supplier are attached in image: a. Suppose that supplier E goes out of business this  year, leaving the remaining four companies to  compete with one another. What are the new  probabilities of companies A, B, C, and D being  chosen as the sole supplier this year? b. Suppose the auto company narrows the choice  of suppliers to companies A and C. What is the  probability that company A is chosen this year?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Five companies (A, B, C, D, and E) that make electrical relays compete each year to be the sole supplier of relays to a major automobile manufacturer.  The auto company’s records show that the probabilities of choosing a company to be the sole supplier are attached in image:

a. Suppose that supplier E goes out of business this  year, leaving the remaining four companies to  compete with one another. What are the new  probabilities of companies A, B, C, and D being  chosen as the sole supplier this year?
b. Suppose the auto company narrows the choice  of suppliers to companies A and C. What is the  probability that company A is chosen this year? 




Supplier chosen: ABCDE
Probability:
.20 .25 .15 .30 .10
Transcribed Image Text:Supplier chosen: ABCDE Probability: .20 .25 .15 .30 .10
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 6 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman