Gazelle Consulting Group, has been engaged to perform a feasibility study to determine if the market for a proposed innovation will be favorable or not. Gazelle Consulting has done similar studies in the past and whenever the market was actually favorable, their market research study indicated that it would be favorable 85% of the time. On the other hand, whenever the market performance was unfavorable, Gazelle Consulting incorrectly predicted that the market would be favorable 20% of the time. Before Gazelle Consulting Group conducts the study, it is believed there is a 70% chance the market will be favorable.

When Gazelle Consulting performs the study for this new product, the results predict the market will be favorable. What is the probability that the market will actually be favorable?

The probability that the market will be actaully favourable is 0.9084

Step-by-step explanation:

Lets put names to the events

F = The market is favourable

U = The market is favourable (this is F^c)

PF = Gazelle predicts that the market is favourable

PU = Gazelle predicts that the market is unfavourable (this is PF^c)

Also, we know that

P(F) = 0.7

P(U) = 0.3

P(PF | F) = 0.85

P(PU | F) = 0.15

P(PF | U) = 0.2

P(PU | U) = 0.8

We want to know P(F |PF), we can obtain this probability using the ones that we are given and the Bayes Formula

The probability that the market will be actaully favourable is 0.9084

you need to show us the graph.

step-by-step explanation:

there has been genes found in the x chromosome of males that have been linked to [homo/hetero]sexuality. in addition to the reign of the x chromosome, a section of chromosome 8 has also been link to, "alot of ppl are so " these facts were proven true after a 2014 study of a gay male and his strait brother. according to newscientist.com,"chromosome 14 and is mainly active in the thyroid, but also the brain. called tshr, it makes a type of receptor protein that recognises and binds to a hormone that stimulates the thyroid. in this way, the gene plays an important role in controlling thyroid function. the fact that tshr seems to be involved in sexual orientation fits with evidence that thyroid function seems to be linked to sexuality."

in conclusion, "ppl are so gay" due to their genetics.