Calculate the probability in question

Assignment Help Basic Statistics
Reference no: EM132157424

Historically, 40% of visitors to the online store of ABC Limited made a purchase. 35% of the visitors who made a purchase came to the online store through a web search engine. Also, 10% of visitors who did not make a purchase came to the online store through a web search engine. If a visitor comes to the online store through a web search engine, what is the probability that he or she will make a purchase? (Suggestion: To think through the problem, use a probability tree and "whether a visitor makes a purchase" as the first step to depict what is given. Use the Bayes Theorem to calculate the probability in question. You do not need to include the tree in your submission.).

Reference no: EM132157424

Questions Cloud

Prepare and present a report on strategic management : Prepare and present a report on strategic management capstone that demonstrates mastery of the course material.
New floor lamp production system : Perkins Lighting wishes to employ a kanban in their new floor lamp production system.
Calculate the p value : Suppose that the population standard deviation is s = 3. The null and alternative hypotheses are below. Calculate the p value.
Why nursing theory is important to today nursing practice : Think about your unique nursing practice specialty area and the population you serve. Is there a clear connection to practice and theory in your specific.
Calculate the probability in question : Use the Bayes Theorem to calculate the probability in question. You do not need to include the tree in your submission.).
The various types of organizational communication disney use : Find the evidence needed in the case study, but you may also use credible external sources.
Describe abnormal findings in patients : Patients are frequently uncomfortable discussing with health care professional's issues that involve the genitalia and rectum; however, gathering an adequate.
What is the probability as a proportion : What is the probability, as a proportion, of obtaining a female given the rat you have just sampled is spotted? [answers to 2 decimal places]
What else needs to happen to help this client meet goals : What else needs to happen to help this client meet goals? Does he/she have a website? Engaging content? A clear message?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Assuming that the calls are poisson-distributed calculate

the probability that a call-centre consultant receives 3 calls during any given hour is 0.1404 and the probability

  Find confidence interval for difference between proportion

Find a 95% confidence interval for the difference between the proportions of unacceptable assemblies from the two teams.

  What is the probability that neither of them

Use of obsolete helmets by bikers in the United Kingdom in 2016 is estimated at 40%, which means 40% of bikers use helmets that have become obsolete.

  Probability-stockbroker who eats candy also drinks coffee

Half of those stockbrokers who do not drink coffee, eat a candy bar. What is the probability that a stockbroker who eats candy also drinks coffee?

  Mild or moderate speech disabilities

Duration of stuttering (in seconds) was compared for patients who had already been classified as having mild or moderate speech disabilities.

  Determines number of dates they have had in the last month

A social psychologist interested in the dating habits of college undergraduates samples 10 students and determines the number of dates they have had in the last month.

  Recent study on gender differences in education

In a recent study on gender differences in education, a sample of 7 boys had a mean score of 17 and a standard deviation of 4.1 on a Standardized Math Test.

  Are having a garage and a pool mutually exclusive

For sale. In the real-estate ads described in Exercise, 64% of homes for sale have garages, 21% have swimming pools, and 17% have both features.

  Determine the sample size needed to be confident

Determine the sample size needed in order to be 99% confident that the sample proportion of the current customer accounts is within .03 of the true proportion of all current accounts for this company.

  Find the point estimate of the percentage of people

a. Find the point estimate of the percentage of people who visit a theme park when they take a trip. b. Find a 95% confidence interval estimate

  What role does sample size play in the accuracy of

what role does sample size play in the accuracy of statistical inference? why is the method of selecting the sample

  Discuss about nested model using anova

A computer company wants to test the efficiency of its new programmable calculator. This problem related to Basic Statistics and it discuss about nested model using ANOVA

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd