Calculate the probability in question

Assignment Help Basic Statistics
Reference no: EM132157424

Historically, 40% of visitors to the online store of ABC Limited made a purchase. 35% of the visitors who made a purchase came to the online store through a web search engine. Also, 10% of visitors who did not make a purchase came to the online store through a web search engine. If a visitor comes to the online store through a web search engine, what is the probability that he or she will make a purchase? (Suggestion: To think through the problem, use a probability tree and "whether a visitor makes a purchase" as the first step to depict what is given. Use the Bayes Theorem to calculate the probability in question. You do not need to include the tree in your submission.).

Reference no: EM132157424

Questions Cloud

Prepare and present a report on strategic management : Prepare and present a report on strategic management capstone that demonstrates mastery of the course material.
New floor lamp production system : Perkins Lighting wishes to employ a kanban in their new floor lamp production system.
Calculate the p value : Suppose that the population standard deviation is s = 3. The null and alternative hypotheses are below. Calculate the p value.
Why nursing theory is important to today nursing practice : Think about your unique nursing practice specialty area and the population you serve. Is there a clear connection to practice and theory in your specific.
Calculate the probability in question : Use the Bayes Theorem to calculate the probability in question. You do not need to include the tree in your submission.).
The various types of organizational communication disney use : Find the evidence needed in the case study, but you may also use credible external sources.
Describe abnormal findings in patients : Patients are frequently uncomfortable discussing with health care professional's issues that involve the genitalia and rectum; however, gathering an adequate.
What is the probability as a proportion : What is the probability, as a proportion, of obtaining a female given the rat you have just sampled is spotted? [answers to 2 decimal places]
What else needs to happen to help this client meet goals : What else needs to happen to help this client meet goals? Does he/she have a website? Engaging content? A clear message?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd