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 corporation is considered a legal entity, separate and apart from the shareholders who make it up. This is a myth or fiction and has no basis in reality. Most of the unique characteristics of...
-
Differentiate between product, production, sales, marketing and service orientations.
-
Capital Assets Acquired under Lease Agreements. Crystal City signed a lease agreement with East Coast Builders, Inc., under which East Coast will construct a new office building for the city at a...
-
a) What is the future value of $20,000 with an interest rate of 15 percent and one annual period of compounding? b) With an annual interest rate of 15 percent and two semiannual periods of...
-
Ellen wants to know how many copies of each book were sold. Write a SQL statement to obtain the necessary information you think Ellen wants? Use the following information: Ellen Novotny started an...
-
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...
-
Barkley, Inc. has the following revenue and cost information. Revenue............................................ $300 per consulting hour Variable costs................................... $170 per...
-
Toshiba Corporation, a Japanese electronics and engineering conglomerate with headquarters in Tokyo, produces a wide range of products, including personal computers, semiconductors, consumer...
-
Select the benefit to Cassidy of contributing $50,000 lumpsum to the RESP rather than making annual contributions. Maximizes the government grant in future years. Maximizes compound returns. Extends...
-
K Solve the following system of equations by the substitution method. 3x-15y=24 5y+8=x
-
1. What are the levels on which ethical decision making occurs in a business setting All the given answers below B. Business system C. Individual D. Organizational 2. If you believe in making...
-
Costs are typically classified by the general contractor as direct (D), indirect project (IP) or indirect business (IB) Identify the correct cost category for each item below from the GC's point of...
-
Construct a complex Hermitian matrix by setting j = sqrt(-1); A = rand(5) + j * rand(5); A = (A + A')/2 (a) The eigenvalues of A should be real. Why? Compute the eigenvalues and examine your results...
-
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...
-
Assume that management wants wage concession from its counterpart labor union. Explain why this often leads to disputes. Suppose management gives up some of its future negotiating power by subjecting...
-
Why have you chosen this nursing Field of Specialization or Major? What influenced you in selecting your intended major of study and what goal(s) have you set for the future?
-
What are logical fallacies and how can they affect our decision-making?
Study smarter with the SolutionInn App