Question

CSePub - Elucu PUUNST PUL... Hepage Corgot Points: 1 More Details Prior Probability of low demand is.35. Based on the followi
0 0
Add a comment Improve this question Transcribed image text
Answer #1


Improving Economy Not improving economy Given high demand 0.74 1-0.74= 0.26 Given Low demand 1-0.57 = 0.43 0.57 Prior Probabi

Add a comment
Know the answer?
Add Answer to:
CSePub - Elucu PUUNST PUL... Hepage Corgot Points: 1 More Details Prior Probability of low demand...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 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

  • 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.

  • 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. 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...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT