All categories

2 years ago

The jackson family is undecided about whether or nara buy a new car of the

Business

1 answer:

ICE Princess25 [194]2 years ago

3 0

The question is incomplete. The complete question is :

The Jackson family is undecided about whether or not to buy a new car. If the probability is .9 that they will buy one, and if the probability is .3 that they will buy a Ford, and if the probability is .4 that they will purchase a car getting more than 20 miles per gallon, what is the probability that they will buy either a car getting more than 20 miles per gallon or a Ford, if all Fords get more than 20 miles per gallon?

Solution :

Given that :

The probability of buying a new car, $P(NC) = 0.9$

Probability of buying Ford = 0.3

That is, if Jackson family buy a car that is a ford car, $P(F) = 0.9 \times 0.3$

= 0.27

The probability for getting more than 20 miles per gallon = 0.4

That is if Jackson family buy a car that have more than 20 miles per gallon mileage, $P(20) = 0. 9 \times0.4=0.36$

The conditions

All of the car have more than 20 miles per gallon mileage.

It means that buying a ford car is subset of getting more than 20 miles per gallon.

$P(20 \text{ miles per gallon}\ \cap \ \text{Ford})=P(F)$

Therefore, the probability of buying a car either getting more than 20 miles per gallon or ford = $P(20 \text{ miles per gallon}\ \cup \ \text{Ford})$

Therefore,

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20) + P(F) - P(20 \text{ miles per gallon }\cap \ \text{Ford})$

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20) + P(F) - P(F)$

$P(20 \text{ miles per gallon}\ \cup \ \text{Ford})=P(20)$

= 0.36

Thus the probability that Jackson family is buying a car either getting more than 20 miles per gallon or ford is 0.36

You might be interested in

Girls between the ages of 8 and 15 years are one of the growing markets for high-end shoe manufacturers, and podiatrists say the

trapecia [35]

Answer:

ethical

Explanation:

Based on the information provided within the question it can be said that the companies who do this are not operating at an ethical responsibility level with regards to the pyramid of corporate social responsibility. This is mainly because they know that their products are causing lasting negative effects on the individuals who they are marketing too and still continue to do so in order to make a profit, this is nowhere near being ethical.

If you have any more questions feel free to ask away at Brainly.

6 0

2 years ago

The following companies and scenarios are fictional. In each case, you are to demonstrate graphically the change in the model an

SashulF [63]

Answer:

The fact that Becky Bongos sales are falling continually even though they keep decreasing the price shows that <em>the underlying problem is not as a result of the customers' dissatisfaction with price</em>. The underlying problem can be any <em>other factors like not paying attention to customers' needs, poor quality of the commodity, lack of proper marketing, and the presence of a superior competition</em>. The solution is not the reduction of price but rather, a closer look should be paid to these other factors.

7 0

2 years ago

The concept of target market as it pertains to marketing is defined as: Group of answer choices Dividing a market into groups ba

SSSSS [86.1K]

Answer:

The correct option is option D, that is A set of buyers sharing the common needs or characteristics that the company decides to serve.

Explanation:

The concept of target market is termed as the group of potential customers to whom a company wants to sell its products and services. This group also includes specific customers to whom a company directs its marketing efforts.

Thus

Option A is not correct as it is not the market target, it is the process of market segmentations.

Option B is not correct as it is a the market coverage strategy which targets several segments of the market.

Option C is not correct as it is a method of effective marketing.

So only option D is correct.

8 0

2 years ago

A study was done of all homicide convictions in the State of Florida between 1976 and 1980 in order to examine if the applicatio

saw5 [17]

Answer and Explanation:

This is an example of Simpson’s paradox

8 0

2 years ago

If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing acti

irinina [24]

Answer:

standardization

Explanation:

Standardization marketing strategy can be regarded as strategy that use in making a market to be a solution having uniform consistency throughout particular marketing mix. It is the

marketing of products and keeping a uniform image of the product among the varying markets. It should be noted that If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing activities and products, then the organization is choosing standardization strategy

4 0

2 years ago