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Mathematics, 02.03.2020 21:50 svnchezzz

Customers are used to evaluate a preliminary product design. In the past, 95% of highly successful products received good reviews, 60% of moderately successful products received good reviews, and 10% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% of products have been moderately successful, and 25% of products have been poor ones.

a) What is the probability that a randomly selected product attains a good review?
b) If a new product attains a good review, what is the probability that the product is indeed a highly successful product?
c) If a new product does not attain a good review, what is the probability that the product is a moderately successful product?

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