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2 years ago

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A market 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?

1 answer:

Taya2010 [7]2 years ago

5 0

Answer: Our required probability is 0.7273.

Step-by-step explanation:

Since we have given that

Actually successful Actually failure Total

Predicted successful 0.4 0.15 0.55

Predicted failure 0.1 0.35 0.45

Total 0.5 0.50 1

Probability that the market research firm would predict that it would be success.

P(Actual success|Predicted success) is given by

$\dfrac{0.4}{0.55}=0.7273$

Hence, our required probability is 0.7273.

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Which could be the dimensions of a rectangular prism whose surface area is greater than 140 square feet? Select three options,

ElenaW [278]

Answer:

These are the rectangular prisms that have a surface area greater than 140 square feet

6 feet by 5 feet by 4 feet

7 feet by 6 feet by 4 feet

8 feet by 3 feet by 7 feet

Step-by-step explanation:

The formula to find the surface area of a rectangular prism is SA=2(wl+hl+hw)

All you have to do is go through all the options given to you to figure out which retangular prisms have a surface area greater than 140 square feet.

6 feet by 2 feet by 3 feet

SA = 2((2)(6)+(3)(6)+(3)(2))

SA = 2(12 + 18 + 6)

SA = 2(36)

SA = 72

6 feet by 5 feet by 4 feet

SA = 2((6)(5) + (4)(5) + (4)(6))

SA = 2(30 + 20 + 24)

SA = 2(74)

SA = 148

7 feet by 6 feet by 4 feet

SA = 2((7)(6) + (4)(6) + (4)(7))

SA = 2(42 + 24 + 28)

SA = 2(94)

SA = 188

8 feet by 3 feet by 7 feet

SA = 2((8)(3)+(7)(3)+(7)(8))

SA = 2(24 + 21 + 56)

SA = 2(101)

SA = 202

8 feet by 4 feet by 3 feet

SA = 2((8)(4)+(3)(4)+(3)(8))

SA = 2(32 + 12 + 24)

SA = 2(68)

SA = 136

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2 years ago

Express 5.555... in the form of a geometric series.

Evgesh-ka [11]

5.555 = 5.1 + 0.05 + 0.005

<span> = 5.5 + 0.05 + 0.05(.1)</span>

<span> = 5.5 + 0.05/(1-.1)</span>

<span> =5.5+0.05/.9</span>

<span> =5.5 + 5/90</span>

<span> = 5.5+1/18</span>

<span> =55/10 + 1/18</span>

<span> = 495/90 + 5/90</span>

<span> =500/90</span>

<span> = 50/9</span>

<span> = 5 5/9</span>

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2 years ago

6 questions = 30 points someone please help me

eduard

Answer:

1)D

2)D

3)A

4)B

5)Cannot Answer - No data

6)C

7)C

6 Questions answered for 30 points.

Step-by-step explanation:

Answer for the 1st Question,

Area of a cylinder can be calculated by,

Area of the cylindrical part = $2\pi rL$

Area of the parts that cover the open parts of cylinder = $2\pi r^2$

Therefor Total are of the cylinder = $2\pi rL+2\pi r^2$

Area of the total cylinder = $2*3.14*6.8*14.2+2*3.14*6.8^2$

= $896.784$

<u>Therefor best estimate will be D) 923 in^2</u>

Answer for the 2nd Question,

ABC is a triangle.

By Pythagorean theorem it says,

$(AC)^2+(CB)^2=(AB)^2$

The distance from A to C = 6

The distance from C to B = 5

$(AC)^2=6^2=36$

$(CB)^2=5^2=25$

$(AC)^2+(CB)^2=(AB)^2=36+25=61$

Therefor $(AB)^2=61\\(AB)=\sqrt{61}$

<u>Therefor Answer is D) Sqr 61</u>

Answer to Question 3

To find the trend you can draw an imaginary line that fits the scatter plots.(I have attached a image drawing the imaginary lines)

Then the revenue can be calculated by calculating the area covered by the imaginary line drawn or area "under" the curve.

Area of the Store 1 = $\frac{1}{2} *(110+40)*110=8250$

Area of the Store 2= $\frac{1}{2} *110*80=4400$

Therefore Revenue from Store 1 = $8250

Revenue from Store 2 = $4400

<u>Answer is A) Store 1 has more sales revenue</u>

Answer for Question 4

$\frac{5}{12}=0.4167\\\frac{5}{11}=0.4545$

You can straight away discard answer D because it is less than both 5/12 and 5/11.

Also you can discard Answer C because 25/264 is very small (less than 1/10=0.1)

$\frac{11}{23} =0.4782$ , therefor this is not in between those two numbers.

Then it has to be $\frac{115}{264} =0.4356$

<u>Answer is B)</u>

Answer for question 6

The equation of a straight line is of the form $y=mx+c$

here m is the gradient and c is the intercept.

Find the intercept(c) by finding the y value when x value is 0, here it is +1.

Gradient (m) of the graph can be found by,

$\frac{y1-y2}{x1-x2} =\frac{7-3}{3-1} =2$

Therefor the equation of the graph is,

$y=2x+1$

<u>Answer is C</u>

Answer for question 7

$\frac{7}{8} =0.875$

$\frac{6}{9} =0.67$

We can discard answer A because the value is close to 0.5

We can discard answer B because 3/17 is a very small value (0.17)

$\frac{53}{72} =0.73$ , This falls between the above 2 numbers.

<u>Therefor answer is C</u>

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2 years ago

How would u find 4 1\5 divided by 2 1\3

Over [174]

Remmber
(a/b)/(c/d)=(a/b)(d/c)=(ad)/(bc)
conver to improper

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2 and 1/3=6/3+1/3=7/3

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2 years ago

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saul85 [17]

Answer:

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Step-by-step explanation:

we know that

The equation of the line into point slope form is equal to

$y-y1=m(x-x1)$

we have

$m=\frac{1}{2}$

$(5,1)$

substitute

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2 years ago

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