An electronics company is planning to introduce a new camera phone. The company commissions a marketing report for each new product that predicts either the success or the failure of the product. Of new products introduced by the company, 60 % have been successes. Furthermore, 70 % of their successful products were predicted to be successes, while 40 % of failed products were predicted to be successes. Find the probability this new camera phone will be successful if its success has been predicted.

Q: A drag racer has two parachutes, a main and a backup, that are designed to bring the vehicle to a…

A:

Q: If a randomly selected female student abstains from​ alcohol, what is the probability she attends a…

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A: Given that an insurance company insures a house worth P4,500,000 for an annual premium of P25,000.

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A: If 11 seeds are planted, what is the probability that exactly 2 don't grow will be equal to the…

Q: A place kicker in pro football has a 77% probability of making a field goal over 40 yards, and each…

A: According to the given information, the probability of making a field goal over 40 yards is 0.77.…

Q: Finally expected loss

A:

Q: A cell phone company found that 75% of all customers want text messaging on their phones, 80% want…

A: Given: Let's say that the total population is 100. Number of people want messaging is 75 Number of…

Q: A marketing research survey shows that approximately 80 percent of car owners surveyed indicated…

A: Introduction :-  Here we have to find various probabilities. Given, A marketing research survey…

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A: A= Tune up B= Repair job

Q: A behavioral psychologist places a rat each day in a cage with two doors A and B. The rat can go…

A: Given: See the attached hand written answer

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Q: The probability that both babies have birth defects is

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Q: According to a recent​ report, 30​% of new businesses in 2013 were started by women and 70​% of new…

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Q: At a local company, the manager determined that there is a 30% chance that an agreement will be…

A:

Q: In the US in 2021, 62% of households subscribed to Netflix streaming services and 57% subscribed to…

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Q: In a state where cars have to be tested for emission of pollutants, 25% of all cars emit excessive…

A: To find: the probability that a car fails the test.

Q: If a seed is planted, it has a 60% chance of growing into a healthy plant. If 11 seeds are planted,…

A: Let, P(growing)=60% = 0.60 P( not growing)=1-0.60 = 0.40 n = 11 The probability that exactly 4 don't…

Q: A study reports that 53% of Americans support increased funding for public schools. If 3 Americans…

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Q: The KSS construction company has submitted two bids, one to build a large hotel in Kuala Lumpur and…

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Q: Of all the students who take the CPA examination, one-fourth have a Master’s degree and the…

A: One-fourth of the students have a Master’s degree, the remaining students have Bachelor’s degree.…

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A: Let the R.V X denotes the number of customers order their food to go and it follows the binomial…

Q: Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion…

A: Given probability of customers order the food to go, p=0.48 n=4

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A:

Q: As a promotional offer, a newly opened movie theatre is awarding 25% of their new patrons with a…

A: It is an important part of statistics. It is widely used.  Since the question has multiple sub parts…

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A: One-fourth of the students have a Master’s degree, the remaining students have Bachelor’s degree.…

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A:

Q: Suppose a free throw shooter makes 67 percent of their first attempts.  On the second attempt they…

A:

Q: Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion…

A: It is given that n =5 and p=0.48.

Q: If a seed is planted, it has a 95% chance of growing into a healthy plant. If eleven seeds are…

A: Answer:Given that:p=0.95 ,   n=11now will use Binomial probability P(X=x)=nx*Px*(1–P)n–x,where…

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A:

Q: A survey of top executives revealed that 31% of them regularly read Time magazine, 19% read…

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A:

Q: A salesman is known to sell a product in 3 out of 5 attempts while another salesman in 2 out of 5…

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Q: An oil company conducts a geological study that indicates that an exploratory oil well should have a…

A: Given: p = 0.2 q = 1 - p = 1 - 0.2 = 0.8 and  r = 3

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Q: Of all the students who take the CPA examination, one-fourth have a Master’s degree and the…

A: The probability of any two events A and B is given below:

Q: Anita's, a fast-food chain specializing in hot dogs and garlic fries, keeps track of the proportion…

A:

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.