Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. each? year, ratings are compiled concerning the pe

Each? year, ratings are compiled concerning the performance of new cars during the first 60 days...

50.1K

Verified Solution

Question

Basic Math

Each? year, ratings are compiled concerning the performance ofnew cars during the first 60 days of use. Suppose that the carshave been categorized according to whether a car needs?warranty-related repair? (yes or? no) and the country in which thecompany manufacturing a car is based? (in some country X or not incountry? X). Based on the data? collected, the probability that thenew car needs a warranty repair is 0.07?, the probability that thecar is manufactured by a company based in country X is 0.50, andthe probability that the new car needs a warranty repair and wasmanufactured by a company based in country X is 0.025. Use thisinformation to answer? (a) through? (d) below.

a.Suppose you know that a company based in country Xmanufactured a particular car. What is the probability that the carneeds warranty? repair?

?(Round to three decimal places as? needed.)

b. Suppose you know that a company based in country X did notmanufacture a particular car. What is the probability that the carneeds warranty? repair?

?(Round to three decimal places as? needed.)

c. Are need for warranty repair and location of the companymanufacturing the car? independent?

A.

No

B.

Yes

C.

Not enough information

Answer & Explanation Solved by verified expert
4.0 Ratings (389 Votes)
GivenPRepair 007PRepair AND based on country X 0025PCompany based in country X 050PCompany did not base in country X 1 050 050a PWarranty repair based in country X that is aconditional probabilityThe formula to find    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A power supply can deliver a maximum rated current of 0 5 A at full...

Basic Math
Q

(a) Balance the following half-reactions by the ion-electron half-reaction method: (i) (acid solution) NO3 – (aq) →...

Chemistry
Q

What are the major divisions of the nervous system?

Psychology
Q

Let f be a scalar field (a function) and F a vector field.For each expression,...

Basic Math
Q

Given the function 125 1 0 26 does it represent an exponential growth or decay...

Algebra
Q

Solve the following equation List all the solutions separated by commas Provide your answer below...

Algebra
Q

Materials issued for the current month are as follows: Requisition No. Material Job No. Amount...

Accounting
Q

On January 1, 2018, Eagle borrows $31,000 cash by signing a four-year, 8% Installment note....

Accounting
Q

E 5-2. E5-2 (Classification of Balance Sheet Accounts) Presented below are the captions of Faulk...

Accounting
Q

Cane Company manufactures two products called Alpha and Beta that sell for $215 and $160,...

Accounting
Q

Executive salaries are charged to three operating divisions on the basis of capital ivestment in...

Finance
Q

Nikita Enterprises has bonds on the market making annual payments, with ten years to maturity,...

Finance