subject
Mathematics, 09.10.2019 17:20 wolfsaway

Amarket research firms conducts studies regarding the success of new products. the company is not always perfect in predicting the success. suppose that there is a 50% chance that any new product would be successful (and a 50% chance that it would fail). in the past, for all new products that ultimately were successful, 80% were predicted to be successful (and the other 20% were inaccurately predicted to be failures). also, for all new products that were ultimately failures, 70% were predicted to be failures (and the other 30% were inaccurately predicted to be successes). for any randomly selected new product, what is the probability that the market research firm would predict that it would be a success?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Given that de, df, and ef are midsegments of â–³abc, and de=3.2 feet, ef=4 feet, and df=2.4 feet, the perimeter of â–³abc is .
Answers: 2
question
Mathematics, 21.06.2019 17:30
Graph the equation. select integers for x
Answers: 1
question
Mathematics, 21.06.2019 18:00
Each month, a shopkeeper spends 5x + 14 dollars on rent and electricity. if he spends 3x−5 dollars on rent, how much does he spend on electricity? for which value(s) of x is the amount the shopkeeper spends on electricity less than $100? explain how you found the value(s).
Answers: 2
question
Mathematics, 21.06.2019 22:00
Can you me find the slope! (30 points)
Answers: 2
You know the right answer?
Amarket research firms conducts studies regarding the success of new products. the company is not al...
Questions
question
Mathematics, 31.01.2020 00:05
question
Mathematics, 31.01.2020 00:05
question
Mathematics, 31.01.2020 00:05
question
Mathematics, 31.01.2020 00:05
Questions on the website: 13722363