subject
Mathematics, 16.07.2019 21:30 veah808

Aconsulting firm submitted a bid for a large research project. the firm's management initially felt they had a 50–50 chance of getting the project. however, the agency to which the bid was submitted subsequently requested additional information on the bid. past experience indicates that for 71% of the successful bids and 42% of the unsuccessful bids the agency requested additional information. what is the prior probability of the bid being successful (that is, prior to the request for additional information) (to 1 decimal)? what is the conditional probability of a request for additional information given that the bid will ultimately be successful (to 2 decimals)? compute the posterior probability that the bid will be successful given a request for additional information (to 2 decimals).

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
Which statement about the relative areas of δabc and δxyz is true? the area of δabc > the area of δxyz the area of δabc < the area of δxyz the area of δabc = the area of δxyz more information is needed to compare.
Answers: 2
question
Mathematics, 21.06.2019 20:30
Pyramid shown has a square base that is 18 inches on each side has a surface area of 164 square inches what is the slant height
Answers: 3
question
Mathematics, 21.06.2019 21:00
If 30 lb of rice and 30 lb of potatoes cost ? $27.60? , and 20 lb of rice and 12 lb of potatoes cost ? $15.04? , how much will 10 lb of rice and 50 lb of potatoes? cost?
Answers: 1
question
Mathematics, 21.06.2019 23:00
Find the distance between c and d on the number line c=3 and d=11
Answers: 1
You know the right answer?
Aconsulting firm submitted a bid for a large research project. the firm's management initially felt...
Questions
question
Mathematics, 13.12.2020 08:50
question
Mathematics, 13.12.2020 09:00
question
Mathematics, 13.12.2020 09:00
Questions on the website: 13722367