Customers are used to evaluate preliminary product designs. in the past 95% of highly successful products received good reviews, 60% of moderately successful products received good reviews, and 129% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% have been moderately successful and 25% have been poor products. Round your answers to four decimal places (e.g. 98.7654). 18 (a) What is the probability that a product attains a good review? (b) if a new design attains a good review, what is the probability that it will be a highly successful product? (C) If a product does not attain a good review, what is the probability that it will be a highly successful product?
Customers are used to evaluate preliminary product designs. in the past 95% of highly successful products received good reviews, 60% of moderately successful products received good reviews, and 129% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% have been moderately successful and 25% have been poor products. Round your answers to four decimal places (e.g. 98.7654). 18 (a) What is the probability that a product attains a good review? (b) if a new design attains a good review, what is the probability that it will be a highly successful product? (C) If a product does not attain a good review, what is the probability that it will be a highly successful product?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
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Transcribed Image Text:Customers are used to evaluate preliminary product designs. in the past 95% of highly successful products received good reviews, 60% of
moderately successful products received good reviews, and 129% of poor products received good reviews. In addition, 40% of products have been
highly successful, 35% have been moderately successful and 25% have been poor products. Round your answers to four decimal places (e.g.
98.7654).
18
(a) What is the probability that a product attains a good review?
(b) if a new design attains a good review, what is the probability that it will be a highly successful product?
(C) If a product does not attain a good review, what is the probability that it will be a highly successful product?
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