[Show all top banners]

dautarikancha

More by dautarikancha
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 Need help to solve probabiliy question!!
[VIEWED 2417 TIMES]
SAVE! for ease of future access.
Posted on 11-03-06 12:35 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

hi experts in probability,
i really need help in following probability question. i got stucked here. the question goes like this:

A market research firms conducts studies regarding the success of new products. The company is not always perfect in predicting the success. Suppose that there is a 50% chance that any new product would be successful (and a 50% chance that it would fail). In the past, for all new products that ultimately were successful, 80% were predicted to be successful (and the other 20% were inaccurately predicted to be failures). Also, for all new products that were ultimately failures, 70% were predicted to be failures (and the other 30% were inaccurately predicted to be successes). If the market research predicted that the product would be a success, what is the probability that it actually would be a success?


pleae help me. i would really appreciate your help. thank you.
 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 60 days
Recommended Popular Threads Controvertial Threads
What are your first memories of when Nepal Television Began?
निगुरो थाहा छ ??
TPS Re-registration case still pending ..
Basnet or Basnyat ??
मन भित्र को पत्रै पत्र!
TPS Work Permit/How long your took?
काेराेना सङ्क्रमणबाट बच्न Immunity बढाउन के के खाने ?How to increase immunity against COVID - 19?
Guess how many vaccines a one year old baby is given
अमेरिकामा बस्ने प्राय जस्तो नेपालीहरु सबै मध्यम बर्गीय अथवा माथि (higher than middle class)
emergency donation needed
चितवनको होस्टलमा १३ वर्षीया शालिन पोखरेल झुण्डिएको अवस्था - बलात्कार पछि हत्याको शंका - होस्टेलहरु असुरक्षित
Travelling to Nepal - TPS AP- PASSPORT
Nepali doctors future black or white usa ?
nrn citizenship
Morning dharahara
Another Song Playing In My Mind
TPS Renewal Reregistration
WHAT DO YOU GUYS THINK ABOUT THIS?
हेर अमेरिकामा नेपालीहरुको बेज्जत
Travelling on TPS advance travel document to different country...
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters