Customers are used to evaluate preliminary product designs. In the past, 91% of highly successful products received good reviews, 57% of moderately successful products received good reviews, and 15%...


Customers are used to evaluate preliminary product designs. In the past, 91% of highly successful products received good reviews,<br>57% of moderately successful products received good reviews, and 15% of poor products received good reviews. In addition, 40% of<br>products have been highty successful, 35% have been moderately successful and 25% have been poor products. Round your answers<br>to four decimal places (e.g. 98.7654).<br>(a) What is the probability that a product attains a good review?<br>(b) If a new design attains a good review, what is the probability that it will be a highly successful product?<br>(c) If a product does not attain a good review, what is the probability that it will be a highly successful product?<br>(a)<br>5985<br>(b)<br>6082<br>(c) i<br>0897<br>

Extracted text: Customers are used to evaluate preliminary product designs. In the past, 91% of highly successful products received good reviews, 57% of moderately successful products received good reviews, and 15% of poor products received good reviews. In addition, 40% of products have been highty successful, 35% have been moderately successful and 25% have been poor products. Round your answers to four decimal places (e.g. 98.7654). (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? (a) 5985 (b) 6082 (c) i 0897

Jun 11, 2022
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