subject
Mathematics, 16.07.2019 21:30 veah808

Aconsulting firm submitted a bid for a large research project. the firm's management initially felt they had a 50–50 chance of getting the project. however, the agency to which the bid was submitted subsequently requested additional information on the bid. past experience indicates that for 71% of the successful bids and 42% of the unsuccessful bids the agency requested additional information. what is the prior probability of the bid being successful (that is, prior to the request for additional information) (to 1 decimal)? what is the conditional probability of a request for additional information given that the bid will ultimately be successful (to 2 decimals)? compute the posterior probability that the bid will be successful given a request for additional information (to 2 decimals).

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
Which is the equation of a line perpendicular to the line with the equation 3x+4y=8
Answers: 1
question
Mathematics, 21.06.2019 20:00
0if x and y vary inversely and y=6 as x=7, what is the constant of variation?
Answers: 1
question
Mathematics, 21.06.2019 23:30
Walking at a constant rate of 8 kilometers per hour, juan can cross a bridge in 6 minutes. what is the length of the bridge in meters?
Answers: 1
question
Mathematics, 22.06.2019 01:00
In a newspaper, it was reported that yearly robberies in springfield were up 25% to 265 in 2013 from 2012. how many robberies were there in springfield in 2012?
Answers: 2
You know the right answer?
Aconsulting firm submitted a bid for a large research project. the firm's management initially felt...
Questions
question
English, 05.12.2021 22:50
question
English, 05.12.2021 22:50
Questions on the website: 13722362