1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
podryga [215]
2 years ago
9

After graduation your first job is with abibas inc., a company that specializes in sportswear with collegiate logos. to improve

profits the company wants to introduce a new selection of sportswear. the company will choose either the unc-ch or nc state logo. the marketing department's research shows that the odds are 96 to 1 that the new sportswear based on the unc-ch logo will be profitable, while the odds are only 24 to 1 that the new sportswear based on the nc state logo will be profitable. therefore the marketing department concludes that the unc-ch logo is the overwhelming favorite. the marketing department also says that since 96 = 4*24, the company should spend 4 times as much money developing the unc-ch sportswear than it would spend developing the nc state sportswear. you claim that the situation is not as overwhelming as it appears and that spending that much more on the unc-ch logo would be a mistake.
required:
a. calculate the probability that the new sportswear based on the unc-ch logo will be profitable.
b. calculate the probability that the new sportswear based on the ncstate logo will be profitable.
Mathematics
1 answer:
Aleksandr [31]2 years ago
4 0

The probability that the new UNC-CH logo will be profitable is <u>0.9897 </u>while the probability for NC State will be <u>0.9600.</u>

<h3 /><h3>What is the probability that the brands will be successful?</h3>

The probability that the UNC-CH logo is successful is:

= Favorable odds / Total odds

= 96 / (96 + 1)

= 0.9897

The probability that the NC State logo is profitable is:

= Favorable odds / Total odds

= 24 / (24 + 1)

= 0.9600

There is less than a 3% variation in both logos' profitablility probability so the company should not spend 4 times more on UNC-CH.

Find out more on probabilities of profit at brainly.com/question/13500115.

#SPJ1

You might be interested in
Work the following problem. Choose the correct answer. If an article costs a store $17.45 and if it sells the article for $22.95
Sedaia [141]
(22.95−17.45)÷17.45)*100=31.52%
5 0
3 years ago
Read 2 more answers
If () = − 10, find (20)
Studentka2010 [4]

the correct answer to your question is 10

8 0
3 years ago
The product of two numbers is 41. One of the numbers
shepuryov [24]
<h3>Answer:   5 - 4i     (choice A)</h3>

===================================================

Work Shown:

x = the other number

(5+4i)*x = 41

x = 41/(5+4i)

x = 41*(5-4i)/( (5+4i)*(5-4i) ) ..... see note below

x = 41*(5-4i)/( 41 )

x = (41/41)*(5-4i)

x = 5 - 4i  

As a way to check, (5+4i)*(5-4i) = 5^2+4^2 = 25+16 = 41

The rule used is (a-bi)(a+bi) = a^2 + b^2

-----------

Note:  I multiplied top and bottom by (5-4i) to get rid of the imaginary term in the denominator.

3 0
2 years ago
Help ASAP I’ll mark you as brainlister
Mrac [35]
5y + 4 = 6x-8 would be it
8 0
2 years ago
Write the slope-intercept form of the equation of the line through the given points through {-3,1} and (-5,5)
Zigmanuir [339]

Slope = -2/1

work is provided in the image attached.

3 0
3 years ago
Other questions:
  • On Monday, Zach sends an e-mail message
    9·1 answer
  • What is the slope and y intercept of the line y= 4x -12-2x?
    8·2 answers
  • Which statements are true?
    8·2 answers
  • What is the slope of this line?<br><br><br> −2/3<br><br><br> 1/3<br><br><br> −1/3<br><br> 2/3
    15·2 answers
  • What important was provided in the word problem?
    6·1 answer
  • You are taking a​ multiple-choice test that has 8 questions. Each of the questions has 4 answer​ choices, with one correct answe
    10·1 answer
  • What is -6w &lt; 85. help
    14·1 answer
  • Shopping While shopping for clothes, Jaclyn spent $17 less than 2 times what Daniel spent. Jaclyn spent $11. Write and solve an
    15·1 answer
  • What is the measurement of angle 2?
    8·2 answers
  • Please tell me which ones I should select!!
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!