QUESTION 3 Problem 1c: XYZ Corporation develops a wide range of products for its target market. Overall, 25% of its existing products are considered by the marketing department to be successful (S) and 75% are unsuccessful. The company is using a panel of potential customers to evaluate existing product designs, with the objective to improve the success rate of future products. Of the existing products, 80% of successful products (S) received good reviews (G), and 10% of unsuccessful products received good reviews. The customer panel is also used to evaluate a number of new product designs, for which the marketing department has no data to determine if the product will be successful or not. Assume that the population of new product designs has the same probability distributions as those of the existing products. You are asked to determine: Of the new product designs that receive a good review, what proportion would be successful? (c) Of the alternatives given below, select the correct expression for this question. P(SUG) = O P(S) = O P(S|G) = P(SNG) =

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