A consulting firm submitted a bid for a large research project. The firm'smanagement initially felt they had a 50-50 chance of getting the project. However,the agency to which the bid was submitted subsequently requested additionalinformation on the bid. Past experience indicates that for 75% of the successful bidsand 40% of the unsuccessful bids the agency requested additional information.a. What is the prior probability of the bid being successful (that is, prior to therequest for additional information) (to 1 decimal)?b. What is the conditional probability of a request for additional information giventhat the bid will ultimately be successful (to 2 decimals)?Xc. Compute the posterior probability that the bid will be successful given a requestfor additional information (to 2 decimals).

A consulting firm submitted a bid for a large research project. The firm's management initially felt…

Answered: a. What is the prior probability of the…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Q6: The probability that a person owns a microwave oven is 0.70, that a person owns a CD player is 0.26, and that person owns both a microwave and a CD player is 0.16, then the probability that a person owWns a microwave or a CD player is (A) 0.5 (B) 0.182 (C) 0.8 (D) None of the above
Please show all the steps of ques no g
Assume it was determined from a random sample of customers that the probability of buying cake is 40%; the probability of buying ice cream is 62%; and the probability of buying cake or ice cream is 86%. What is the probability of buying chocolate ice cream and frozen yogurt? (Round your answer to 2 decimals)
Q2: a survey is performed to investigate the relationship between smoking and coffee drinking. The distribution of the sample is presented in the following table Coffee No Coffee Total 40 Smoker Non-Smoker Total 60 115 85 What is the probability that a randomly selected person from the sample is a non-smoker? b. What is the probability that a randomly selected person from the sample is a non-smokes and a. drinks coffee? C. What is the probability that a randomly selected person from the sample either smokes or drinks coffee? d. What is the probability that a randomly selected person from the sample is smokes given that he drinks coffee? e. Are the two events "smoke" and "drinks coffee" independent? Why?
Q2: In a given elections, 57% of Muslims who participated (voted) were males and 38% of Christians voted were females. If the percentage of Muslim participants were 69% and events are M.E. and C.E. Find the probability of a Muslim or female to a. participate (vote)? b. Find the probability of a Christian to vote given he is a male?
Final answers should be either in lowest-term Fraction or up to 4 decimal places only. For even smaller numbers, round off to the nearest non-zero digit.
Answers must be in 4 decimals 1. The probability that IEntelligent will open a review center in Quezon City is 0.7, the probability that is will open a review center in Laguna is 0.4, and the probability that it will open a review center in either QC or Laguna or both is 0.8. what is the probability that IEntelligent will locate in both locations? 2. The probability that IEntelligent will open a review center in Quezon city is 0.7, the probability that is will open a review center in Laguna is 0.4, and the probability that it will open a review center in either QC or Laguna or both is 0.8. What is the probability that IEntelligent will locate in QC only?
A novice marksman is shooting at a target 1000 feet away. The probability of his hitting the target is 0.3. a. What is the probability that he hits the target on the 25th shot? b What is the probability that he will have to shoot more than 200 times to hit the target? c. What is the probability that the number of shots he has to take to hit the target is greater than or equal to 60? d. What is the probability it will take him more than 1020 shots to hit it? e. What is the probability that the number of shots he will have to make to hit the target is 20 or fewer? f. What is the expected number of shots it will take him to hit the target? g. What is the variance of the number of shots needed to hit the target?
On average, 128 storm events were observed annually in the city of Stormheaven, KS. The average storm duration was 2 hours. Compute the probability (%) that an interevent waiting time is longer than 5 days. Probability (%) must be answered as an integer without unit (just an integer number like 77 or 99).

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