You own a wireless service company, and you want to understand why your customers leave the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
You own a wireless service company, and you want to understand why your customers leave the company. You found that 32% of the customers left because your plans were expensive, 53% of customers left because of bad reception, and 20% left because of both reasons. You randomly pick a customer that left the company. Suppose we know the customer left because the plans are expensive, what is the probability that he/she also left not because of bad receptions? Round your answer to 4 decimal places. Answer: You own a wireless service company, and you want to understand why your customers leave the company. You found that 32% of the customers left because your plans were expensive, 53% of customers left because of bad reception, and 20% left because of both reasons. You randomly pick a customer that left the company. Suppose we know the customer left because the plans are expensive, what is the probability that he/she also left not because of bad receptions? Round your answer to 4 decimal places. Answer:
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
If two balanced dice are rolled, what is the probability that the sum of the two numbers that appear will be odd?
-
If two balanced dice are rolled, what is the probability that the difference between the two numbers that appear will be less than 3?
-
If four dice are rolled, what is the probability that each of the four numbers that appear will be different?
-
The following matrix is row-equivalent to the augmented matrix of a linear system. Describe the solution set of that system. 1 0 1 5 0000 0013 0000 Find all possible values of a for which the...
-
Using the Mattco case study and the chapter content related to engagement letters, draft an engagement letter assuming that you are a CPA employed by Ernst and Young. If sufficient information is not...
-
Multiply or divide as indicated. Write answers in lowest terms as needed. 3 5 20 21
-
A model is placed in an airflow at standard conditions with a given velocity and then placed in water flow at standard conditions with the same velocity. If the drag coefficients are the same between...
-
Cash Flow Hedge Hart Golf Co. uses titanium in the production of its specialty drivers. Hart anticipates that it will need to purchase 200 ounces of titanium in October 2010, for clubs that will be...
-
Suppose a point charge creates a 1 2 5 0 0 N / C electric field at a distance of 0 . 3 5 m . What is the magnitude of the point charge in coulombs? What is the strength of the field, in newtons per...
-
The following transactions of Jacks Auto Supply occurred in November (Balances as of November 1 are given for general ledger and accounts receivable ledger accounts: Danielson $1,100 Dr.; Wallace...
-
Find the value of the integral of g(2) around the circle |zi| = 2 in the positive sense when 1 1 (b) g(x) = 22 +4' (2+4)* (a) g(x) =
-
The Conference Board publishes the Consumer Confidence Index (CCI) every month based on a survey of 5,000 representative U.S. households. It is used by many economists to track the state of the...
-
In early 2016 the Wall Street Journal reported that a number of big financial players, including the legendary speculator George Soros, had taken an interest in the future performance of the Chinese...
-
Moving is the worst. Yard work is the worst. Building IKEA furniture is the worst. So began a 2015 report on TaskRabbit, a company founded in 2008 (under the name RunMyErrand), that helps people hire...
-
Its always nice when someone shows his or her appreciation by giving you a gift. Over the past few years, more people have been showing their appreciation by giving gift cards, prepaid plastic cards...
-
If you like instant taste-bud gratification and live in one of the growing list of cities that enjoy Amazons same-day one-hour restaurant delivery, life has become so much more gratifying. And if you...
-
Design NFAs that accepts the following languages: a) L= starts and ends with the same symbol with total length at least 2 | [ = {0,1} b) L= contains 'xx' or 'yx' or 'zz' and ends with 'yz' or 'y' | [...
-
Why can wastewater treatment requirements in Hawaii be less stringent than those in most locations on the U.S. mainland?
-
How does investment size and timing affect a business model?
-
Why has Wagamama chosen to franchise its international restaurant operations? What are some of the reasons that Wagamama wants to own and operate its U.S. restaurant sites?
-
What goals did Scudamore set when starting and developing the 1-800-GOT-JUNK? concept? What additional goals did he use to guide the companys growth?
-
When randomly selecting a day of the week, it is certain that you will select a day containing the letter y, so P(y) = 1. For Exercises 510, decide whether the statement makes sense (or is clearly...
-
Use subjective judgment to estimate the probability that the next time you ride an elevator, it gets stuck between floors.
-
Because it is impossible for Thanksgiving to fall on Tuesday, the probability of Thanksgiving falling on Tuesday is 0. For Exercises 510, decide whether the statement makes sense (or is clearly true)...
Study smarter with the SolutionInn App