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prohojiy [21]
3 years ago
9

Drawing tree diagrams. After taking a course on statistics, 88% of students can successfully construct tree diagrams. Of those w

ho can construct tree diagrams, 90% passed, while only 60% of those students who could not construct tree diagrams passed. a) Construct a tree diagram of this scenario. ? You can do it electronically using e.g. PowerPoint, or draw freehand and scan the image. b) Calculate the probability that a student is able to construct a tree diagram if it is known that he or she passed.

Business
1 answer:
Yuliya22 [10]3 years ago
4 0

Answer:

A. Check the image

B. The probability that a student is able to construct a tree diagram if it is known that he or she passed is 79.2%

Explanation:

a) A tree diagram is a tool that simplifies the distribution of probabilities. So we start making branches (lines) according to the probability of each succes to happen, so in this case we first divide the tree diagram between those who can construct tree diagrams that represent the 88% so it means it has a probability of 0.88 and those who can't construct tree diagrams, so if 88% can  just 12% can't construct tree diagrams that is a probability of 0.12.  This is the first part of the tree diagram.

After that tere is another condition that is passing so for those who construct it is the 90% (0.9 probability) for passing, so in this group it is just 10% (0.1 probability) that doesn't pass. Now for those who don't construct tree diagrams, 60% (0.6 probability) pass so 40% losses (0.4)

See in the diagram that if you add the numbers that compound each of the vertices the result is a 100% or 1.0 probability, this is what you have to take into account when you are constructing a tree diagram.

b) For calculating a probability after constructing the tree diagram you just need to multiply each of the factor in which you are interested. In this case:

Construct tree diagram X Pass = 0.88 x 0.9 = 0.792

So the probability for a student that can construct a tree diagram to pass is 0.792, now for having in percentage we just need to multiply by 100% then:

0.792 x 100 = 79.2%

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He nation is said to have over 1 million specific product like for example the product salt is in everything and water
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Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Suppose that
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Answer:

The correct answer for option (1) is $24 per material move, $6.5 per Inspection, $1.9 per Machine-Hour, for option (2) is $10,469, and for option (3) is $13,328.

Explanation:

According to the scenario, the following calculation can be done as follows:

(1) Activity rates:

Material Handling = $2,304 ÷ ( 45 + 51 ) = $24 per material move

Quality control  = $8,060 ÷ (550 + 690 ) = $6.5 per Inspection

Machine maintenance = $13,433 ÷ ( 3,060 + 4,010 ) = $1.9 per Machine-Hour.

(2) Factory overhead cost:

Standard:

Overhead total costs: (45 × $24) + (550 × $6.5) + (3,060 × $1.9)

= (1,080 + 3,575 + 5,814) = $10,469

(3) Deluxe:

Overhead total costs: (51 × $24) + (690 × $6.5) + (4010 × $1.9)

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3 0
3 years ago
If someone has a power of attorney to sign the purchase agreement on behalf of the seller, which of the following would be the p
maxonik [38]

Answer:

b. Philip Adams, by Alice Jackson, his attorney in fact

Explanation:

A power of attorney is the legal document in which it allows someone to act on behalf of you. In this, the person has the authority to act on behalf of the other person with respect to the legal, financial matters, etc

Here the proper way to sign is the option B

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4 years ago
Sanders Enterprises arranged a revolving credit agreement of $9,000,000 with a group of banks. The firm paid an annual commitmen
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Answer:

Total dollar Annual Cost = $300,000

Explanation:

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Total dollar Annual Cost (15000 + 285000) = $300,000

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3 years ago
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One of the indicators used in research on income levels is age. The result of research on age-earnings data is that investments in education result in higher earnings. Hence, the correct option is (D).

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Based on the results of the research, it was found that people who have a higher level of education tend to have a higher level of income. This makes sense because, with a high level of education, a person basically has higher job opportunities. In addition, the knowledge possessed by someone with higher education allows that person to find the most appropriate solution to problems that exist in the business world.

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