Homework Answers
Probability of high demand = 0.6 (GIVEN)
Probability of low demand = 1 - Probability of high demand
Probability of low demand = 1 - 0.6
Probability of low demand = 0.4
Probability improving economy (given high demand) = 0.64
Probability of improving economy (given low demand) = 1 - Probability improving economy (given high demand)
Probability improving economy (given low demand) = 1 - 0.64
Probability improving economy (given low demand) = 0.36
Probability of low demand and improving economy = Probability of low demand * Probability of improving economy (given low demand)
Probability of low demand and improving economy = (0.4) * (0.36)
Probability of low demand and improving economy = 0.144
Probability of low demand and improving economy = 0.14 (round off to two decimal places)
Answer: 0.14
Add Answer to:
Given that a method receives three parameters a, b, c, of type double, write some code,...
Our original information was that the probability of High demand was .6. We collected the following new information abo...
Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. unanswered Calculate the probability for low demand and the improving economy (also called Joint Probability)? not_submitted Improving Economy Not improving economy Given high demand 0.61 Given Low demand 0.51 Submit Answer format: Number: Round to: 2 decimal places. Refer the table below. Our original...
- Our original information was that the probability of High demand was .6. We collected the following new informati...
- Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. Calculate the probability for low demand and the improving economy (also called Joint Probability)? Not improving economy Improving Economy Given high demand 0.64 0.5 Given Low demand Submit Answer format: Number: Round to: 2 decimal places.
What is the expected value Form Joint Venture? Decision alternative 1762 Success (0.31) Sell Company 1762...
What is the expected value Form Joint Venture? Decision alternative 1762 Success (0.31) Sell Company 1762 Moderate Success (0.4) 1762 Failure (0.29) Form Joint Venture 2500 Success (0.31) Moderate Success (0.4) 2927 Sell Software on own 1000 Failure (0.29) Success (0.31) 5000 Moderate Success (0.4) 3500 Failure (0.29) -848 Refer the table below. Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an...
Refer the table below. Our original information was that the probability of High demand was .6....
Refer the table below. Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. Calculate the probability for high demand and the improving economy? Improving Economy Not improving economy Given high demand 0.75 Given Low demand 0.45 Submit Answer format: Number: Round to: 2 decimal places.
Refer the table below. Our original information was that the probability of High demand was .6....
Refer the table below. Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. What is the probability of a not improving economy? Improving Economy Not improving economy Given high demand 0.77 Given Low demand 0.6 please, show the process
Refer the table below. Our original information was that the probability of High demand was 6. We collected the f...
Refer the table below. Our original information was that the probability of High demand was 6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question What is the probability of an improving economy? Improving Economy Not improving economy Given high demand 0.78 Given Low demand Answer format: Number Round to: 2 decimal places What is the expected value Sell software on own? Decision alternative Success...
What is the correct formula for Bayes' theorem? a) P(XY) = am b) P(XY) = P(xor...
What is the correct formula for Bayes' theorem? a) P(XY) = am b) P(XY) = P(xor PY) c) P(X|Y) = PRAXIS d) P(X\Y) = POUR Submit Answer format: Text unanswered not_submitted #2 From the following new information, given low demand, what is the probability of an improving economy? Improving Economy Not improving economy 0.76 Given high demand 0.5 Given Low demand Points: 5/17 Grade: 29.4% Progress: 29.4% Hide
25. (15 pes) Write the C++ code for a function that receives three double numbers. The function should calculate the average of the three numbers and them returm the result. Name the function con...
25. (15 pes) Write the C++ code for a function that receives three double numbers. The function should calculate the average of the three numbers and them returm the result. Name the function conm Name the fornal parameters aumi, nu compAverage function. In addition, write a statement that invokes the compAverage f assigns its arguments: 14.50, 18.72, and S3.1 function and its return value to a double variable named answer. Use the following mumbers as the 26, (5 pts) Write...
Modification to be completed by group member 4: In the processLineOfData method, write the code to...
Modification to be completed by group member 4: In the processLineOfData method, write the code to handle case "M" of the switch statement such that: A Manager object is created using the firstName, lastName, salary, and bonus local variables. Notice that salary and bonus need to be converted from String to double. You may use parseDouble method of the Double class as follows: Double.parseDouble(salary) Call the parsePaychecks method in this class passing the Manager object created in the previous step...
In the processLineOfData method, write the code to handle case "H" of the switch statement such...
In the processLineOfData method, write the code to handle case "H" of the switch statement such that: • An HourlyEmployee object is created using the firstName, lastName, rate, and hours local variables. Notice that rate and hours need to be converted from String to double. You may use parseDouble method of the Double class as follows: Double.parseDouble(rate) Call the parsePaychecks method in this class passing the Hourly Employee object created in the previous step and the checks variable. Call the...
Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. unanswered Calculate the probability for low demand and the improving economy (also called Joint Probability)? not_submitted Improving Economy Not improving economy Given high demand 0.61 Given Low demand 0.51 Submit Answer format: Number: Round to: 2 decimal places. Refer the table below. Our original...
- Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. Calculate the probability for low demand and the improving economy (also called Joint Probability)? Not improving economy Improving Economy Given high demand 0.64 0.5 Given Low demand Submit Answer format: Number: Round to: 2 decimal places.
What is the expected value Form Joint Venture? Decision alternative 1762 Success (0.31) Sell Company 1762 Moderate Success (0.4) 1762 Failure (0.29) Form Joint Venture 2500 Success (0.31) Moderate Success (0.4) 2927 Sell Software on own 1000 Failure (0.29) Success (0.31) 5000 Moderate Success (0.4) 3500 Failure (0.29) -848 Refer the table below. Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an...
Refer the table below. Our original information was that the probability of High demand was 6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question What is the probability of an improving economy? Improving Economy Not improving economy Given high demand 0.78 Given Low demand Answer format: Number Round to: 2 decimal places What is the expected value Sell software on own? Decision alternative Success...
What is the correct formula for Bayes' theorem? a) P(XY) = am b) P(XY) = P(xor PY) c) P(X|Y) = PRAXIS d) P(X\Y) = POUR Submit Answer format: Text unanswered not_submitted #2 From the following new information, given low demand, what is the probability of an improving economy? Improving Economy Not improving economy 0.76 Given high demand 0.5 Given Low demand Points: 5/17 Grade: 29.4% Progress: 29.4% Hide
25. (15 pes) Write the C++ code for a function that receives three double numbers. The function should calculate the average of the three numbers and them returm the result. Name the function conm Name the fornal parameters aumi, nu compAverage function. In addition, write a statement that invokes the compAverage f assigns its arguments: 14.50, 18.72, and S3.1 function and its return value to a double variable named answer. Use the following mumbers as the 26, (5 pts) Write...
In the processLineOfData method, write the code to handle case "H" of the switch statement such that: • An HourlyEmployee object is created using the firstName, lastName, rate, and hours local variables. Notice that rate and hours need to be converted from String to double. You may use parseDouble method of the Double class as follows: Double.parseDouble(rate) Call the parsePaychecks method in this class passing the Hourly Employee object created in the previous step and the checks variable. Call the...
Most questions answered within 3 hours.
-
A 1400Kg sports car accelerates from rest to 90km/h in 7.0s.
What is the average power...
asked 2 minutes ago -
For the following reaction, 0.128 moles of
potassium hydrogen sulfateare mixed with
0.504 moles of potassium...
asked 3 hours ago -
1. What is the present value of $400, three years in the future
if the interest...
asked 4 hours ago -
The labor force minus the number of employed equals the number
of unemployed.
a. True
b....
asked 6 hours ago -
Determine the mass in units of grams [g] of 0.49 moles [mol]
of a new fictitious...
asked 6 hours ago -
A horizontal mass of M=5kg is on a spring and stretched to
x=0.5m when released from...
asked 7 hours ago -
26 of 50
"I have worked at the Arizona Humane Society for ten years, and
have...
asked 8 hours ago -
Compare and contrast zero based budgeting and incremental (or
base year) budgeting.
asked 8 hours ago -
4 pts 10. Which of the following hypothesis would be MOST
difficult to test experimentally? Group...
asked 8 hours ago -
A business owner makes 1,000 items a day. Each day he or she
contributes eight hours...
asked 8 hours ago -
A
circular loop in the plane of a paper lies inca0.65 T magnetic
field pointing into...
asked 8 hours ago -
A business owner is trying to decide whether to buy, rent, or
lease office space and...
asked 8 hours ago