Answered: If the car has a navigation system and…

Math

Probability

If the car has a navigation system and is silver, what is the probability that it is a Aston Martin?

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...

See similar textbooks

Similar questions

A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 14% chance of returning $11,000,000 profit, a 37% chance of returning $2,000,000 profit, and a 49% chance of losing the million dollars. The second company, a hardware company, has a 8% chance of returning $6,000,000 profit, a 39% chance of returning $2,000,000 profit, and a 53% chance of losing the million dollars. The third company, a biotech firm, has a 5% chance of returning $9,000,000 profit, a 43% of no profit or loss, and a 52% chance of losing the million dollars. Order the expected values from smallest to largest. second, first, third second, third, first first, third, second first, second, third third, second, first third, first, second
Please show all work
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 11% chance of returning $5,000,000 profit, a 29% chance of returning $1,500,000 profit, and a 60% chance of losing the million dollars. The second company, a hardware company, has a 12% chance of returning $5,000,000 profit, a 28% chance of returning $3,500,000 profit, and a 60% chance of losing the million dollars. The third company, a biotech firm, has a 14% chance of returning $10,000,000 profit, a 33% of no profit or loss, and a 53% chance of losing the million dollars. Order the expected values from smallest to largest. third, first, second second, third, first first, second, third third, second, first second, first, third first, third, second
Complete the following probability distribution table: Probability Distribution Table P(X) 0.3 16 24 0.2 34 0.3 Submit Question
A company makes three types of candy and packages them in three assortments. Assortment I contains 4 cherry, 4 lemon, and 12 lime candies, and sells for a profit of $4.00. Assortment Il contains 12 cherry, 4 lemon, and 4 lime candies, and sells for a profit of $3.00. Assortment III contains 8 cherry, 8 lemon, and 8 lime candies, and sells for a profit of $5.00. They can make 4,800 cherry, 4,200 lemon, and 5,600 lime candies weekly. How many boxes of each type should the company produce each week in order to maximize its profit (assuming that all boxes produced can be sold)? What is the maximum profit? when OA. The maximum profit is $ assortment III are produced. . boxes of assortment I, boxes of assortment II and boxes of
Families who have pets are classified as having one, two or three pets. Let say that in a given year, 15% of families with one pet move to have 3 pets, and 5% move to have 2 pets; also 6% of all families with 3 pets move to having only one pet, and 4% move to having 2 pets; finally, 4% of all families having 2 pets move to having 1 pet and 6% move to 3 pets. The cost of having 1 pet is close to $500 a year, for 2 it is $750 and for 3 pets $825. What is the expected cost to having one pet, two pet or three pets? Please do fast ASAP fast
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 13% chance of returning $6,000,000 profit, a 20% chance of returning $3,000,000 profit, and a 67% chance of losing the million dollars. The second company, a hardware company, has a 14% chance of returning $6,000,000 profit, a 30% chance of returning $1,500,000 profit, and a 56% chance of losing the million dollars. The third company, a biotech firm, has a 10% chance of returning $7,000,000 profit, a 41% of no profit or loss, and a 49% chance of losing the million dollars.Order the expected values from smallest to largest. first, third, second second, third, first third, second, first first, second, third second, first, third third, first, second
A vendor specializing in outdoor gear offers customers three ways to place orders for home delivery. Customers can place orders either in the store, online, or via telephone using a catalog. Of the orders, three-quarters are made online with one-eighth each made in stores or via telephone. Of the online orders, 30% are only for clothing, 30% are only for camping supplies, and 40% are for both. For orders placed in the store, all are for clothing (to order a size that is not in stock). Among orders placed via telephone, 50% are only for clothing, 20% are only for camping supplies, and 30% are for both. Answer parts (a) and (b). (a) Organize these probabilities as a probability table. Purchase Method On-Line In Store Telephone Total Clothing 0.225 0.125 0.0625 0.4125 Purchase Camping 0.225 0.025 0.25 Both 0.3 0. 0.0375 0.3375 Total 0.75 0.125 0.125 1 (Simplify your answers. Type integers or decimals.) (b) What's the probability that the customer orders clothing, either by itself or in…
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 13% chance of returning $11,000,000 profit, a 25% chance of returning $2,000,000 profit, and a 62% chance of losing the million dollars. The second company, a hardware company, has a 14% chance of returning $6,000,000 profit, a 39% chance of returning $3,000,000 profit, and a 47% chance of losing the million dollars. The third company, a biotech firm, has a 7% chance of returning $6,000,000 profit, a 40% of no profit or loss, and a 53% chance of losing the million dollars.Order the expected values from smallest to largest. third, first, second third, second, first first, second, third first, third, second second, third, first second, first, third
A company manufactures three types of patio furniture: chairs, rockers, and chaise The maximum total revenue that can be obtained is $. lounges. Each requires wood, plastic, and aluminum as given in the table below. The company has available 400 units of wood, 600 units of plastic, and 1500 units of aluminum. Each chair, rocker, and chaise lounge sells for $24, $32, and $48, respectively. Assuming that all furniture can be sold, what is the maximum total revenue that can be obtained? (Simplify your answer.) Wood Chair Rocker Chaise lounge 1 unit Plastic Aluminum 1 unit 2 units 3 units 1 unit 2 units 1 unit 1 unit 5 units Enter your answer in the answer box. FEB LEGO 23 MacBook Air
Three competing brands of cerial are being sold in the school cafeteria. Brand z's weekly sales are affected by the sales of the other two proucts. For each $1 increase in brand æ's sales, there is a decrease $0.80 in sales of brand z. Similarly, each $1 increase in brand y's sales, there is a increase $0.10 in sales of brand z. If the current sales for brand z, y, and z are $45.00, $69.00, and $76.00 respectively, write an equation for z's sales in terms of a and y.
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 14% chance of returning $8,000,000 profit, a 19% chance of returning $1,500,000 profit, and a 67% chance of losing the million dollars. The second company, a hardware company, has a 15% chance of returning $9,000,000 profit, a 37% chance of returning $3,500,000 profit, and a 48% chance of losing the million dollars. The third company, a biotech firm, has a 15% chance of returning $6,000,000 profit, a 28% of no profit or loss, and a 57% chance of losing the million dollars.Order the expected values from smallest to largest. first, third, second third, first, second third, second, first second, first, third first, second, third second, third, first