Exercise 7. There is a 0.45 probability that the Morgan company (a paper manufacturer) will send a sales rep. to call on the buyer for the Brown Printing Co. If Morgan doesn’t send a rep., there is...



Exercise 7.
There is a 0.45 probability that the Morgan company (a paper manufacturer) will send a sales rep. to call on the buyer for the Brown Printing Co. If Morgan doesn’t send a rep., there is 0.7 probability Brown will buy from Morgan’s competitor, Xerxes. If Morgan does send a sales rep. then there is a 0.25 probability Brown will buy from Xerxes.


If Brown does buy from Xerxes, what is the probability that Morgan did not send a sales rep. to call on Brown?



Jun 10, 2022
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