Customers are used to are use to evaluate preliminarydesigns. In the past 95% of

Question

Customers are used to are use to evaluate preliminarydesigns. In the past 95% of highly successful productsreceived good reviews, 60% of moderately successful productsreceived good reviews, and 10% of poorly successful received goodreviews. In addition 40% of products have been highlysuccessful, 35% have been moderately successful, and 25% have beenpoorly successful.

a)What is the probability that the product attains a goodreview?
b) If a new product gets a good review, what is the probability itwill be a highly successful product?

Explanation / Answer

a) You just have to multiply all the probabilities of the goodreviews to get your answer. .95 * .60 *.10 = # b) This uses your answer from part a and then you multiply it by ahighly successful product. Part a answer * .40 = # I will let you actually do the math. I hope that helps!

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.