Probability that an employee does favor the company policy

Assignment Help Basic Statistics
Reference no: EM131673990

Question: In a survey, 85 percent of the employees say they favor a certain company policy. Previous experience indicates that 20 percent of those who do not favor the policy say that they do, out of fear of reprisal. What is the probability that an employee picked at random really does favor the company policy? It is reasonable to assume that all who favor say so.

Reference no: EM131673990

Questions Cloud

Find probability that the first and third selected are women : What is the (conditional) probability that the first and third selected are women, given that three of those selected are women?
What you change for round five to make tqm more successful : If you had one strategy during Round 4 and it did not work, what would you change for Round 5 to make TQM more successful?
What is the conditional probability that the unit has defect : A unit is examined and found to have the characteristic symptom. What is the conditional probability that the unit has the defect, given this behavior?
What quantity should be ordered each time : What quantity should be ordered each time? What is the minimum total annual cost (ordering + holding + purchase) for managing this inventory item?
Probability that an employee does favor the company policy : In a survey, 85 percent of the employees say they favor a certain company policy. Previous experience indicates that 20 percent of those who do not favor.
Scope of the international business environment : Explain the complexity and scope of the international business environment.
The elements required for successful implementation : The elements required for successful implementation of JIT/lean philosophy include reducing setup times, performing preventive maintenance.
How do the labor laws compare to organizational ethics in us : How do the labor laws compare to those in The United States? How will the company have to change its operations in order to fit into the culture of the country?
Show that one percent of the units produced are defective : A quality control group is designing an automatic test procedure for compact disk players coming from a production line. Experience shows that one percent.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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