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A young saleswoman in a company is interested in determining brand loyalty for her company. She looks at two products that she believes are closely linked and most customers, if they buy one they would most likely buy the other, if satisfied or have strong brand loyalty. She starts with those customers that bought product A and she notices the company has 13.33% market share for this product A. By searching more databases she finds that if a person owns product A, the proportion that own product B is 59.45%, and if a person does not own product A the probability of owning product B is 59.45% as well.
When answering probability questions, write each question in function notation
a. What is the probability that a person owns product B?
b. A person is known to own product B. What is the probability they also own product A?
c. Are the events, a person owns product A, a person owns product B, independent events? A yes or no answer alone will not receive any credit. You must show proof for your yes or no response.
the lottery game has participants choose 5 different numbers from 1 - 44. the winner is someone who has chosen the
Suggest several lurking variables that also contribute. (Ask yourself what kinds of people tend to get more education.)
which of the following p-values would provide more evidence in support of the alternate hypothesis and against the null
A hardware store chain has just received a truckload of 5000 electric drills. Before accepting the shipment, the purchasing manager insists.
Find the equation of linear regression for the above data and obtain the expected salary for an engineer with 45 years of experience. Round to the nearest $100.
a player of a video game is confronted with a series of opponents and has an 83 probability of defeating each one.
Find the zeros of the function in terms of e, f, and g. Under what condition would the zeros of the given function be two distinct real values?
find the mean and standard deviation for the normal distribution where 50 of the data falls between 73.25 and 86.75.
You draw two cards from a standard deck of 52 cards, but before you draw the second card, you put the first one back and reshuffle the deck.
Suppose the time interval between two consecutive defective light bulbs from a production line has a uniform distribution over an interval from 0 to 90 minutes.
Find out whether palliative care improves the mental health of people with advanced HIV.
The mode for a set of n = 50 responses to this question. Which of the following statements accurately describes the measures of central tendency?
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