a.
Let F , H, T denote the events that the customer buys Ford, Honda
ot Toyota car respectively.
Let W be the event that the customer buys white car.
P(F) = 0.35, P(T) = 0.45
P(W | T) = 0.4
P(W | H) = 0.3
P(W | F) = 0
b.
P(H) = 1 - (0.35 + 0.45) = 0.2
By law of total probability,
P(W) = P(F) * P(W | F) + P(H) * P(W | H) + P(T) * P(W | T)
= 0.35 * 0 + 0.2 * 0.3 + 0.45 * 0.4
= 0.24
c.
By Bayes theorem,
P(T | W) = P(W | T) * P(T) / P(W)
= 0.4 * 0.45 / 0.24
= 0.75
d.
Let A be the evnet that the customer buys automatic shift
car.
P(A) = 0.65
P(A | T and W) = 0.80
P(T and W) = P(T | W) * P(W) = 0.75 * 0.24 = 0.18
Probability that the customer buys white Toyota with an automatic
shift = P(T and W and A)
= P(A | T and W) * P(T and W)
= 0.80 * 0.18
= 0.144
e.
By Bayes theorem,
Probability that the customer buys white Toyota given that it is an
automatic shift = P(T and W | A)
= P(A | T and W) * P(T and W) / P(A)
= 0.80 * 0.18 / 0.65
= 0.2215
3. A certain auto mall sells only Fords, Hondas, and Toyotas. Each customer buys only 1...
3. A certain auto mall sells only Fords, Hondas, and Toyotas. Each customer buys only 1 car It is known that 45% of all customers buy a Toyota and 35% buy a Ford. It is also known that 40% of the Toyota customers buy a white car whereas only 30% of the Honda customers buy a white car. None of the Ford customers buy a white car a. Express all numbers given in the problem statement as probabilities of events....
Do part e f and g please
3. A certain auto mall sells only Fords, Hondas, and Toyotas. Each customer buys only 1 car It is known that 45% of all customers buy a Toyota and 35% buy a Ford. It is also known that 40% of the Toyota customers buy a white car whereas only 30% of the Honda customers buy a white car. None of the Ford customers buy a white car a. Express all numbers given in...
Assume that in a bakery each customer buys only one item at a time. There is a 70% chance they will buy a croissant and a 30% chance they will buy a muffin. There are only 2 muffins left and 5 people still waiting in line. What is the probability that these 2 muffins will be sufficient? (that is nobody will want a muffin and find that there are none left). Express to nearest whole percent
Problem 2 - Bayesian Inference Nisqually, Inc. sells books A,B,C on line. Each customer buys 0 or 1 copy of each title. a. Mrs. Independence Day, the company's data mining expert, makes the assumptions that: i) a customer decides to buy a book independently of what other books (s)he buys and independently of other customers. ii) all customers buy according to the same joint probability distribution PABC = PAPeP. with PA(1)0.6, PB(1) 0.3, Pc1) 0.4. For example, the probability that...
From Janis Joplin to Jay-Z, The Eagles to Outcast, Kanye West to Mariah Carey, generations of singers and songwriters have been inspired to mention Mercedes-Benz in their lyrics. Whether the brand offers a dreamed-of aspiration that they hope to access someday, or a signal of their wealth and power, Mercedes appeals to the musicians as well as their audiences. When lyricists beg for a Mercedes, or brag about how many sit in their garages, listeners around the world know exactly...
Company Case In-N-Out Burger: Customer Value the Old-Fashioned Way In 1948, Harry and Esther Snyder opened the first In-N-Out Burger in Baldwin Park, California. It was a simple double drive-thru setup with the kitchen between two service lanes, a walk-up window, and outdoor seating. The menu consisted of burgers, shakes, soft drinks, and fries. This format was common for the time period. In fact, another burger joint that fit this same description opened up the very same year just 45...
A. Issues [1] In addition to damages for one year's notice period, can a trial judge award significant damages for the mere fact of an employee's dismissal, or for the stigma that that dismissal brings? Or for the employer thereafter competing with the ex-employee for the clients, before the ex-employee has got a new job? B. Basic Facts [2] This is an appeal from 2009 ABQB 591 (CanLII), 473 A.R. 254. [3] Usually a judgment recites facts before law. But...