Considerations that are not a factor in deciding which forecasting model a firm should choose is Product. This is further explained below.
<h3>What is
a Product?</h3>
Generally, a product or substance is created with the intention of resale in mind.
In conclusion, Product is one of the considerations that should not be taken into account while selecting the appropriate forecasting model for a company.
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The answer is c, hope this helps
The probability that students who were randomly selected studied for the test, if they pass it with a B or higher grade is: D. 0.80.
<h3>How to calculate the probability?</h3>
In this exercise, you're required to determine the probability that students who were randomly selected studied for the test, if they pass it with a B or higher grade. Thus, we would apply Bayes's theorem.
- Let S represent studied for.
- Let B represent a score of B or higher grade
Therefore, we need to find P(S|B):

S|B = 0.80.
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<u>Complete Question:</u>
At the beginning of the semester, a professor tells students that if they study for the tests, then there is a 55% chance they will get a B or higher on the tests. If they do not study, there is a 20% chance that they will get a B or higher on the tests. The professor knows from prior surveys that 60% of students study for the tests. The probabilities are displayed in the tree diagram.
Answer:
PART A
- Red: 7/29
- Blue: 8/29
- Yellow: 5/29
- Green: 9/29
PART B
- Red or blue: 7/29 + 8/29 = 15/29
- Yellow or green: 5/29 + 9/29 = 14/29
- Blue or yellow or green: 8/29 + 5/29 + 9/29 = 22/29
Explanation:
In this case where the question is asking or <u>OR</u> and the events are <u>mutually exclusive</u> (Mutually exclusive meaning you can't attain two or three different colors in one pick), the compound probability is the sum of the probability of each component event (Probability of Red <u>OR</u> Blue = P(Red) + P(Blue) = 7/29 + 8/29 = 15/29)
Answer: copper > chalk > flour > talcum powder > dry beans.
Explanation:
Density is the compactness of given object.
Basically, it is mass per volume.
copper has the most density
chalk has lesser density than copper.
flour has lesser density than copper and chalk.
talcum powder has lesser density than copper, chalk and flour.
dry beans have lesser density than copper, chalk, and flour.
So, it becomes,
copper > chalk > flour > talcum powder > dry beans.