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
monitta
3 years ago
14

For customers purchasing a refrigerator at a certain appliancestore, let A be the event that the refrigerator wasmanufactured in

the U.S., B be the event that therefrigerator had an icemaker, and C be the event that thecustomer purchased an extended warranty. Relevant probabilities arebelow.
(a) Construct a tree diagram consisting of first-, second-, andthird-generation branches and place an event label and appropriateprobability next to each branch.

(b) Compute P(A intersectB intersectC).

(c) Compute P(B intersectC).
2

(d) Compute P(C).
3

(e) Compute P(A | B intersectC), theprobability of a U.S. purchase given that an icemaker and extendedwarranty are also purchased.


P(A) = 0.73 P(B | A) = 0.90 P(B | A' ) =0.76
P(C | A intersectB) =0.84 P(C | A intersectB' ) =0.65
P(C | A' intersectB) =0.71 P(C | A' intersectB' ) =0.32

Business
1 answer:
V125BC [204]3 years ago
6 0

Answer:

Part a : The tree diagram is attached with the solution.

Part b: The probability of P(A∩B∩C) is 0.5519.

Part c: The probability of P(B∩C) is 0.6976.

Part d: The probability of P(C) is 0.7658.​

Part e: The probability of P(A∣B∩C) is 0.7658.​

Explanation:

The solution is as follows.

Data Given is as

P(A) = 0.73

P(B | A) = 0.90

P(B | A' ) =0.76

P(C | A∩B) =0.84

P(C | A∩B' ) =0.65

P(C | A' ∩B) =0.71

P(C | A' ∩B' ) =0.32

Part a:

The remaining values of Probabilities for the tree formation are calculated as follows

P(A')=1-P(A)=1-0.73=0.27

P(B'|A)=1-P(B|A)=1-0.90=0.10

P(B' | A' )=1-P(B | A' ) =1-0.76=0.24

P(C' | A∩B) =1-P(C | A∩B)=1-0.84=0.16

P(C' | A∩B' ) =1-P(C | A∩B' ) =1-0.65=0.35

P(C' | A' ∩B) =1-P(C | A' ∩B) =1-0.71=0.29

P(C' | A' ∩B' ) =1-P(C | A' ∩B' )=1-0.32=0.68

so the probability tree is given as attached in the diagram.

Part b:

P(A∩B∩C)=P(A)P(B∣A)P(C∣A∩B)

From the above data in part a

P(A)=0.73, P(B|A)=0.90 and P(C∣A∩B)=0.84

                =0.73×0.90×0.84

               =0.55188

               ≈0.5519

The probability of P(A∩B∩C) is 0.5519.

Part c

P(B∩C)=P(A∩B∩C)+P(A'∩B∩C)

           = [P(A)P(B∣A)P(C∣A∩B)+{1−P(A)}P(B∣A′)P(C∣A′∩B)]

From the above data

P(A)=0.73,P(B∣A)=0.9,P(C∣A∩B)=0.84,P(B∣A′)=0.76 and P(C∣A′∩B)=0.71

P(B∩C)= [P(A)P(B∣A)P(C∣A∩B)+{1−P(A)}P(B∣A′)P(C∣A′∩B)]

           =(0.73×0.9×0.84)+(1−0.73)×0.76×0.71

           =0.55188+0.145692

           =0.697572

           ≈0.6976

The probability of P(B∩C) is 0.6976.

Part d

P(C)=P(A∩B∩C)+P(A′∩B∩C)+P(A∩B ′∩C)+P(A′∩B ′∩C)

      =P(A)P(B∣A)P(C∣A∩B)+[1−P(A)]P(B∣A′)P(C∣A′∩B)+P(A)[1−P(B∣A)]P(C∣A∩B′)+            

        [1−P(A)][1−P(B∣A′)]P(C∣A′∩B′)

Here from above data

P(A)=0.73,P(B∣A)=0.9,P(C∣A∩B)=0.84,P(B∣A′)=0.76,P(C∣A∩B′)=0.65,P(C∣A′∩B′)=0.32 and P(C∣A′∩B)=0.71

P(C)=P(A)P(B∣A)P(C∣A∩B)+[1−P(A)]P(B∣A′)P(C∣A′∩B)+P(A)[1−P(B∣A)]P(C∣A∩B′)+            

        [1−P(A)][1−P(B∣A′)]P(C∣A′∩B′)

     ={0.7x0.9x0.84}+{(1-0.73)x0.76×0.71}+{0.73x(1-0.9)x0.32}+{(1-0.73)x(1-          

       0.76)x0.32}

     =0.55188+0.145692+0.04745+0.020736

     =0.765758

     ≈0.7658

The probability of P(C) is 0.7658.​

Part e

From part (b),P(A∩B∩C)=0.55188

From part (c), P(B∩C)=0.697572

<em>By  conditional probability rule, </em>

P(A∣B∩C)= P(A∩B∩C)/P(B∩C)

​        = 0.55188/0.697572

              =0.791144

             ≈0.7911

The probability of P(A∣B∩C) is 0.7658.​

​

​

​

You might be interested in
When the real exchange rate decreases, a country's net exports will __________?
Mrac [35]
Decrease is the answer
5 0
3 years ago
To get the best understanding of your observations, you should consider
bulgar [2K]

The correct option is B. their goals and strategies for learning.

Took the pf test and got 100%

7 0
3 years ago
The "invisible hand" refers to a. the government. b. the free market. c. central planners. d. large businesses.
Gnom [1K]

Answer:

Free market

Explanation :

In a free market economy, the law of organic market, as opposed to a focal government, manages generation and work.  

the free market is a monetary framework dependent on organic market with next to zero government control.  

In view of its political and lawful principles, a nation's free market economy may extend between extremely huge or altogether bootleg market.

3 0
3 years ago
Use the following selected date and additional information from the records of Hitchcock Corporation to answer the question that
yawa3891 [41]

Answer:

$35,000

Explanation:

Requirement:  Prepare the Operating Activities section of the Statement of Cash Flows for the year ended 2004. Use the INDIRECT Method

Cash from Operating Activities

Particulars                                                   Amount$

Net income                                                     6000

Add: Depreciation expense                         <u>50000</u>

Operating Cash Flow before                        56000

Change in Working Capital

Add:

Decrease in inventory                      3000

Increase in incomes taxes payable   7000    <u>10000</u>

Less:

Increase in accounts receivable    10000

Increase in prepaid Rent                  8000  

Decrease in accounts payable        7000

Decrease in salaries payable          6000   <u>-31000</u>

Cash from Operating Activities                  <u>$35000</u>

5 0
3 years ago
Roberta Whitman has recently been hired by Jackson Pharmaceuticals as the senior vice president of human resources. Jackson Phar
Nata [24]

Answer:

Employees frequently complain about the inconsistent assistance they receive from the HR department due to its large size.

Explanation:

Having a specialized, embedded HR unit is beneficial to each, specific unit, as  HR would cater to every department and its special needs. On the contrary, centralized HR tends to give inconsistent help, as they always assign a different person or team when a problem arises.

So, if the employees complained that they cannot receive adequate help from the centralized HR, it would be wise to do what Roberta suggested.

8 0
3 years ago
Other questions:
  • Wesley's grandfather was a sharecropper, farming someone else's land. wesley's father was a farmer who farmed his own land. wesl
    6·1 answer
  • The first step in process flow analysis is:
    13·1 answer
  • Which of the following is an advantage of using the Clipboard task pane?
    12·2 answers
  • Jane is an insurance executive and lives in San Francisco. Her husband, Don, is an attorney who practices law in New York City.
    13·1 answer
  • Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it ha
    5·1 answer
  • Direct material budget. Dawson Co. produces wine. The company expects to produce 2,535,000 two-liter bottles of Chablis in 2018.
    5·1 answer
  • Which of the following is a disadvantage of a sole proprietorship?
    10·1 answer
  • To add text to a blank slide layout, _____.
    11·2 answers
  • Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins
    13·1 answer
  • The net income reported on the income statement for the current year was $212000. Depreciation recorded on plant assets was $355
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!