Question

In: Statistics and Probability

When people buy a certain type of laptop, there are three most popular upgrading options: upgrade...

When people buy a certain type of laptop, there are three most popular upgrading options: upgrade the RAM (A), upgrade the hard drive (B), upgrade the graphic card (C). If 50% of all purchasers request A, 40% request B, 36% request C, 66% request A or B, 76% request A or C, 66% request B or C, and 86% request A or B or C, determine the probabilities of the following events.

(1) One randomly selected purchaser will request at least one of the three options.

(2) One randomly selected purchaser will select none of the three options.

(3) One randomly selected purchaser will request only option C and not neither of the other two options.

(4) One randomly selected purchaser will request exactly one of the three options.

Solutions

Expert Solution

orchestra answered 1 year ago
Next > < Previous

Related Solutions

What dessert is the most popular? A grocery chain gave people the choice of a free...
What dessert is the most popular? A grocery chain gave people the choice of a free sample of chocolate brownies and chocolate cake. They were told they were only allowed to pick one of the two samples and their choices were recorded. The statisticians ensured that the samples were plentiful to prevent people from feeling bad for taking all of one sample or the other. Over the course of 325 customers, 210 chose the brownies. Does this suggest that people...
8.) When you look at most people
8.) When you look at most people
In certain industries, firms buy their most important inputs in markets that are close to perfectly...
In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. Cite as many examples as you can of these types of businesses. Explain why the profits of such firms tend to increase when there is an excess supply of the inputs they use in their production process.
In certain industries, firms buy their most important inputs in markets that are close to perfectly...
In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. Cite as many examples as you can of these types of businesses. Explain why the profits of such firms tend to increase where there is an excess supply of the inputs they use in their production process.
Research Design Type (Research Methods and/or Statistical Methods) – What are some of the most popular...
Research Design Type (Research Methods and/or Statistical Methods) – What are some of the most popular design types used to study your assigned topic? Research design types include case studies, statistical methods, simple design types based on a pretest, simple design types based on a control group, quasi-experiments, experiments, etc. (there are others, but these are the main ones). If your particular area of interest does not include quasi-experiments or experiments, emphasis is probably placed on a wide variety of...
Problem 2 A manager must decide how many machines of a certain type to buy. The...
Problem 2 A manager must decide how many machines of a certain type to buy. The machines will be used to manufacture a new gear for which there is increased demand. The manager has narrowed the decision to two alternatives: buy one machine or buy two. If only one machine is purchased and demand is more than it can handle, a second machine can be purchased at a later time. However, the cost per machine would be lower if the...
A certain rare blood type can be found in only 0.05% of people. If the population...
A certain rare blood type can be found in only 0.05% of people. If the population of a randomly selected group is 3000, Find the probability that two persons in the group have this rare blood type. 1 person in the group has this rare blood type. at least two persons in the group have this rare blood type.
1.   What dessert is the most popular?  A grocery chain gave people the choice of a free sample...
1.   What dessert is the most popular?  A grocery chain gave people the choice of a free sample of chocolate brownies and chocolate cake.  They were told they were only allowed to pick one of the two samples and their choices were recorded.  The statisticians ensured that the samples were plentiful to prevent people from feeling bad for taking all of one sample or the other.  Over the course of 325 customers, 200 chose the brownies.   Does this suggest that people prefer brownies over cake? a)  (2...
Two librarians were discussing which type of fiction book was the most popular with library patrons:...
Two librarians were discussing which type of fiction book was the most popular with library patrons: Science, Historical, or Romantic. Librarian A thought that the three types of fiction books are equally popular but Librarian B didn’t think so. To settle their debate, they decided to tally the number of books checked out for each type of fiction book for a whole week. There were 99 library patrons who checked out one of these types of books during that week:...
Consider a time when you wanted to buy a certain product but could not find it....
Consider a time when you wanted to buy a certain product but could not find it. What was your reaction? Why? How did the lack of availability affect your perception of the company and of the product? Did it make you want it more or did it make you frustrated so that you lost interest. Speculate on the supply chain and distribution channel strategy that the company was trying to achieve. Step 2 Now consider a product that is widely...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT