Mathematics, 15.12.2019 01:31 anaoliviahoy
Acompany is about to launch a new cell phone model. in the past, 40% of its cell phones have launched successfully. before any cell phone is launched, the company conducts market research and receives a report predicting favorable or unfavorable sales. in the past, 70% of successful cell phones and 20% of unsuccessful cell phones received favorable reports. what is the probability that the new cell phone will receive a favorable report, given that the cell phone launch is successful?
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