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jonny [76]
2 years ago
12

The editor of a textbook publishing company is trying to decide whether to publish a proposed business statistics textbook. info

rmation on previous textbooks published indicates that 10% are huge successes, 20% are modest successes, 40% break even and 30% are losers. however, before a publishing decision is made, the book will be reviewed. in the past, 99% of the huge successes received favorable reviews, 70% of the moderate successes received favorable reviews, 40% of the break even books received favorable reviews, and 20% of the losers received favorable reviews.
i if the proposed textbook receives a favorable review, how should the editor revise the probabilities of the various outcomes to take this information into account?
ii what proportion of textbooks receives favorable reviews?
Mathematics
1 answer:
igor_vitrenko [27]2 years ago
7 0
D I think that's right I'm not really sure
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Answer:

Step-by-step explanation:

Given a large enough sample size the probability is 100%

If the question is "What is the probability of catching 3 tennis balls in three tosses in mid air. Sample size is 3

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4 0
1 year ago
The owner of a football team claims that the average attendance at games is over 74,900, and he is therefore justified in moving
Slav-nsk [51]

Answer:

Option c (Upper tailed) is the correct choice.

Step-by-step explanation:

Given that:

The average attendance is:

= 74,900

We will have to test:

⇒ H_0:\mu \leq \mu_0

or,

   H_0: \mu \leq 74,900

Verses,

⇒ H_1: \mu> \mu_0

or,

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The other given alternatives aren't connected to the given scenario. So the above is the correct one.

4 0
2 years ago
How many ounces of pure nickel must be added to 150 ounces of alloy 70% pure to make an alloy which is 85% pure?
galben [10]

Answer:

150 oz.

Step-by-step explanation:

There are already 150 ounces of alloy of nickel.

Of this 150 oz, 70% is pure i.e. nickel content = 150(0.7) = 105 oz

Now available is

Nickel       Other metals

105                  45

Let x oz of pure nickel is added.

Then new alloy will have 105+x oz nickel in total of 150+x oz.

Percentage pure = \frac{105+x}{150+x} =85%

Simplify to get

\frac{105+x}{150+x} =\frac{85}{100} \\\\Cross multiply:\\85(150+x) =100(105+x)\\12750+85x =10500+100x\\100x-85x = 12750-10500\\15x = 2250\\x = 150

Hence answer is 150 oz should be added.

6 0
2 years ago
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kicyunya [14]

Answer:

A is incorrect!  <u>B. should be the correct answer</u>

Step-by-step explanation

After some research, i found that the correct answer is most likely <u><em>B.  a regression line and trend line are equivalent terms</em></u>

<em />

<em>A trendline and a regression can be the same. </em>

<em> A regression line is based upon the best fitting curve Y= a + bX Most often it’s a least-squares fit (where the squared distances from the points to the line (along the Y-axis) is minimized). </em>

<em> It can be quadratic or logistic or otherwise, but most often it is linear. </em>

<em> A trendline is often constructed by smoothing of the results, making it less peaked. (often by using a moving average); but can also come from ARIMA projections or curve fitting techniques (such as regression).</em>

<em />

Let me know if i helped you!

<em />

5 0
2 years ago
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