Recalls In a car rental companys fleet, 70% of the cars are American brands, 20% are Japanese,
Question:
Recalls In a car rental company’s fleet, 70% of the cars are American brands, 20% are Japanese, and the rest are German. The company notes that manufacturers’ recalls seem to affect 2% of the American cars, but only 1% of the others.
1. What’s the probability that a randomly chosen car is recalled?
2. What’s the probability that a recalled car is American?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Organize the information in a tree diagram 1 Precall PAmerican re...View the full answer
Answered By
Mahesh G
I have more than 7 years of experience in teaching physics, mathematics and python programming to more than 600 students including both online and offline tutoring.
I follow the following 7 step fundamental approach towards tutoring.
1. Curiosity, scope, enlightenment of the topic in hand.
2. Problem Definitions and elaboration.
3. Requisite mathematics, analytical abilities and quantitative
aptitude.
4. Preparing Algorithms for problem statement.
5. Concepts with analogies and building algorithm.
6. Introspection and improvising.
7. Daily class wise Cheat sheets(its not cheating) for consolidation.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Stats Data And Models
ISBN: 9780135163825
5th Edition
Authors: Richard D De Veaux, Paul F Velleman, David E Bock
Question Posted:
Students also viewed these Engineering questions
-
A car rental company charges $50 a day and 20 cents per mile for renting a car. Let y be the total rental charges (in dollars) for a car for one day and x be the miles driven. The equation for the...
-
A car rental company finds that each day 6% of the persons making reservations will not show up. If the rental company reserves for 215 persons with only 200 automobiles, what is the probability that...
-
A car rental company bought a car for $ 200,000. The company spends 46,000 dollars a year on the car In the fifth year, it spends 40,000 dollars for general repairs and modifications to the car The...
-
It can be seen that in rolling a strip, the rolls will begin to slip if the back tension, b is too high. Derive an analytical expression for the magnitude of the back tension in order to make the...
-
Creditors holding general security agreements are required to give the borrower a reasonable period of time to refinance the loan before appointing a receiver to take over the business. How should a...
-
A market research company maintains a database of applications of 3-D printing in industry worldwide. It records which industry the application is used in, whether the material used is a metal alloy...
-
Compute the following items for the statement of cash flows: a. Beginning and ending Retained Earnings are \($45,000\) and \($70,000,\) respectively. Net income for the period is \($60,000.\) How...
-
After the presentation of your report on the examination of the financial statements to the board of directors of Piper Publishing Company, one of the new directors expresses surprise that the income...
-
Solve Var(a+btxt) =
-
In Problem 7.3, if no bedrock was present for at least 4 m below the foundation, determine the ultimate bearing capacity. Problem 7.3 A 1.5 m 2.0 m rectangular foundation is placed at 1.0 m depth in...
-
Pregnant? Suppose that 70% of the women who suspect they may be pregnant and purchase an in-home pregnancy test are actually pregnant. Further suppose that the test is 98% accurate. Whats the...
-
The Drake equation In 1961 astronomer Frank Drake developed an equation to try to estimate the number of extraterrestrial civilizations in our galaxy that might be able to communicate with us via...
-
As a new sales representative for Misco Equipment Corporation, you take a customer out to dinner. Before dinner is over, you have shaken hands on a deal to sell the customer nearly a half-million...
-
In 2015, the minimum starting salary for a teacher with four years of training in schools in New South Wales, Australia, was AU\$62,282; for a teacher with five years of training, it was AU\$65,486...
-
When an organization decides to replace a legacy system, it usually chooses a contemporary database system over a relational file-based system. But each type of system has its own advantages and...
-
You are in the market for a used car in Egypt, and you find one that you like for \(\mathrm{E} 210,000\) at a local dealership. The dealer offers you a choice in paying for it: a discount of \(E ...
-
Life insurance premiums are typically lower for non-smokers than for smokers. Life insurance companies require a clear urine test to confirm a person's status. If you smoke cigarettes only...
-
Consider the following scenarios, each of which span 34 years. If you go to university, you spend \( 25,000\) per year for four years on school-related expenses (for example, tuition and books) and...
-
Create a base class called Vehicle that has the manufacturer's name (type String), number of cylinders in the engine (type int), and owner (type Person given in Listing 8.1Truck that is derived from...
-
Differentiate. y = ln(3x + 1) ln(5x + 1)
-
The Paralyzed Veterans of America (PVA) is a Congressionally chartered veterans service organization that represents the interests of paralyzed veterans. The agency provides a range of services to...
-
The players on the team in Exercise 2 point out to the coach that they cant shoot if they are not on the ice. They add the variable Time OnIce/Game (TOI/G) (in minutes per game) to the regression: a)...
-
Which type of study is this? a) A prospective observational study because it followed the maids for four weeks. b) A retrospective observational study because at the end of four weeks, the researcher...
-
Solutions Inc. signs a 10-year lease for a building owned by Property Inc. that is appropriately classified as an operating lease by both the lessee and lessor. Lease payments are $150,000 per year....
-
1] The following information is available for Blasser Company. In preparation of the Statement of Cash Flows Net Income Depreciation Expense $187,500 $49,500 Loss on sale of equipment $3,000 Increase...
-
Wagner Enterprise sells two products, large tractors and small tractors. A large tractor sells for $62,000 per unit with variable costs of $28,520 per unit. Small tractors sell for $34,000 per unit...
Study smarter with the SolutionInn App