Sketch a probability tree for situation

Assignment Help Accounting Basics
Reference no: EM131008067

Computer reliability. Laptop computers have been growing in popularity according to a study by Current Analysis Inc. Laptops now represent more than half the computer sales in the United States. A campus bookstore sells both types and in the last semester sold 56% laptops and 44% desktops. Reliability rates for the two types of machines are quite different, however. In the first year, 5% of desktops require service, while 15% of laptops have problems requiring service.

a) Sketch a probability tree for this situation.

b) What percentage of computers sold by the bookstore last semester required service?

c) Given that a computer required service, what is the probability that it was a laptop?

Reference no: EM131008067

Questions Cloud

Estimate frequency of wind and give practical interpretation : The temperature adjusted for wind chill is a temperature that tells you how cold it feels. Estimate fw (20, 20) and give a practical interpretation. Estimate fT (15, 15) and give a practical interpretation.
Seasonal dummy variables : a) Based on the description of these data, what time series components can you identify? b) If you identified a seasonal component, what is the period? c) If you use seasonal dummy variables, specify the dummy variables you would use.
Name for the kind of variable : a) What is the name for the kind of variable called Jan in this model? b) Why is there no predictor variable for December? c) Is there evidence of a cyclic component in these data?
What is the mass velocity and direction angle : what is the mass, velocity, and direction angle of the fourth object? put the mass and the magnitude of the velocity in the table below. after you find the velocity and direction, mark on the diagram its approximate location
Sketch a probability tree for situation : Sketch a probability tree for this situation. What percentage of computers sold by the bookstore last semester required service? Given that a computer required service, what is the probability that it was a laptop?
Where did this ethical theory originate from : Investigate utilitarianismon the internet and answer the following questions: Where did this ethical theory originate from? What are the basic ideas of this theory
What is the specific citation that describes the guidelines : What is the specific citation that describes the guidelines for determining what items should be deemed cash equivalents?
High-demand periods : Market segmentation and chance. Aaron'sAir (see Exer- cises 32 and 34) estimates that high-demand periods (which depend on the weather and on bookings for confer- ences) occur with probability .3 and medium demand peri- ods occur with probability ..
Conduct a test to determine whether the two variables : In one variation of the experiment, two variables were measured: active head movement (x, percent per degree) and body plus head rota- tion (y, percent per degree). The data for n = 39 trials were subjected to a simple linear regres- sion analysis..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the journal entries you believe are necessary to

you have the following ledger balancescash

  What is the net present value of the costs of buying and

the ward county hospital center wchc wants to buy a new mobile primary care van to use in screening residents in an

  What is the initial value of the new land

What is the amount of gain or loss that Kapono would recognize on the exchange? What is the initial value of the new land?

  Benefits of product or service

Respond to at least two of your classmates and critique the questions developed to determine if their questions will address customer benefits of their product or service.

  What is the residual income

Ruger has a profit margin of 16% based on revenues of $400,000 and an investment turnover is 2. What is the residual income when the cost of capital is 10%?

  Ramona stolton and jerry bright are partners in a business

ramona stolton and jerry bright are partners in a business they started two years ago. the partnership agreement states

  Population when performing audit procedures

What is the importance of defining the population when performing audit procedures? How will this affect the sample size? How will incorrectly defining the population affect the sampling unit? - answer 100-150 words.

  What are internal controls

Explain some common internal controls that a company might have in place. What are they designed to protect? What are the reporting requirements regarding internal controls in the Sarbanes-Oxley Act?

  What is the company inventory turnover

A company had gross profit of $134,200 on net sales of $205,000. If ending inventory was $8,000 and average inventory was $7,080, what is the company's inventory turnover.

  Shawn bates was working to establish a business enterprise

shawn bates was working to establish a business enterprise with our of is wealthy friends . each f the five individuals

  In 2013 x companys profits were 150000 in 2014 the selling

in 2013 x companys profits were 150000. in 2014 the selling price is expected to be 44.3 the variable cost per unit is

  On december 312010 dow steel corporation had 600000 shares

on december 312010 dow steel corporation had 600000 shares of common stock and 300000 shares of 8 noncumulative

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