A large operator of timeshare complexes requires anyone interested in making a purchase to first visit the site of interest. Historical data indicates that 20% of all potential purchasers select a day visit, 50% choose a one-night visit, and 30% opt for a two-night visit. In addition, 10% of day visitors ultimately make a purchase, 30% of onenight visitors buy a unit, and 20% of those visiting for two nights decide to buy. Suppose a visitor is randomly selected and is found to have made a purchase. How likely is it that this person made a day visit? A one-night visit? A two-night visit?

Answers

Answer 1

Answer:

0.087 = 8.7% probability that this person made a day visit.

0.652 = 65.2% probability that this person made a one-night visit.

0.261 = 26.1% probability that this person made a two-night visit.

Step-by-step explanation:

Conditional Probability

We use the conditional probability formula to solve this question. It is

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)}[/tex]

In which

P(B|A) is the probability of event B happening, given that A happened.

[tex]P(A \cap B)[/tex] is the probability of both A and B happening.

P(A) is the probability of A happening.

In this question:

Event A: Made a purchase.

Probability of making a purchase:

10% of 20%(day visit)

30% of 50%(one night)

20% of 30%(two night).

So

[tex]p = 0.1*0.2 + 0.3*0.5 + 0.2*0.3 = 0.23[/tex]

How likely is it that this person made a day visit?

Here event B is a day visit.

10% of 20% is the percentage of purchases and day visit. So

[tex]P(A \cap B) = 0.1*0.2 = 0.02[/tex]

So

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.02}{0.23} = 0.087[/tex]

0.087 = 8.7% probability that this person made a day visit.

A one-night visit?

Event B is a one night visit.

The percentage of both(one night visit and purchase) is 30% of 50%. So

[tex]P(A \cap B) = 0.3*0.5 = 0.15[/tex]

So

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.15}{0.23} = 0.652[/tex]

0.652 = 65.2% probability that this person made a one-night visit.

A two-night visit?

Event B is a two night visit.

The percentage of both(two night visit and purchase) is 20% of 30%. So

[tex]P(A \cap B) = 0.2*0.3 = 0.06[/tex]

Then

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)} = \frac{0.06}{0.23} = 0.261[/tex]

0.261 = 26.1% probability that this person made a two-night visit.


Related Questions

Choose Yes or No to tell if the expression is equal to 8 x 40.

Answers

no i don’t think so

Which pair of values could NOT be the roots of a quadratic polynomial?
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Answers

Answer:

Part c

Step-by-step explanation:

In quadratic equations of real coefficients, the complex roots always occur in conjugate bases. It means, if, 2 + 3i is one of the roots and then the second root must be 2 - 3i.

The pair of values that can not be the roots of a quadratic polynomial is 2 + 3i and 2 + 3i

A polynomial is an expression consisting of the operations of addition, subtraction, multiplication of variables.

Polynomials can be classified based on degree as linear, quadratic, cubic, etc.

If the root of a quadratic polynomial is a complex number, then it must be in conjugate pairs.

The pair of values that can not be the roots of a quadratic polynomial is 2 + 3i and 2 + 3i

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Do reflections have the same orientation? In other words, if a shape is reflected, do both figures still have the same orientation?

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Answer:

I think so.

Step-by-step explanation:

With letters, no, and some shapes would be reversed, like a triangle with lengths that are all different from eachother.

lim x→π/2 1-sinx/cot^2x
any genious help please ​

Answers

Rewrite the limand as

(1 - sin(x)) / cot²(x) = (1 - sin(x)) / (cos²(x) / sin²(x))

… = ((1 - sin(x)) sin²(x)) / cos²(x)

Recall the Pythagorean identity,

sin²(x) + cos²(x) = 1

Then

(1 - sin(x)) / cot²(x) = ((1 - sin(x)) sin²(x)) / (1 - sin²(x))

Factorize the denominator; it's a difference of squares, so

1 - sin²(x) = (1 - sin(x)) (1 + sin(x))

Cancel the common factor of 1 - sin(x) in the numerator and denominator:

(1 - sin(x)) / cot²(x) = sin²(x) / (1 + sin(x))

Now the limand is continuous at x = π/2, so

[tex]\displaystyle\lim_{x\to\frac\pi2}\frac{1-\sin(x)}{\cot^2(x)}=\lim_{x\to\frac\pi2}\frac{\sin^2(x)}{1+\sin(x)}=\frac{\sin^2\left(\frac\pi2\right)}{1+\sin\left(\frac\pi2\right)}=\boxed{\frac12}[/tex]


At 12:45 Jimmy left his home in Pinetrees and cycled to visit his grandmother in Oakville. On his
way he stopped for 10 minutes in Rowan for a coffee and then he popped in to see his friend in
Yewton. He arrived in Oakville at 16:25. Jimmy cycled at a steady speed of 24 km/h and his
average speed for the whole journey, including the stops, was 18 km/h.
For how long did Jimmy stop in Yewton?
А
40 minutes
B
45 minutes
C
55 minutes
D
60 minutes

Answers


t=45min
d=4km

45min/60min = 0.75 hours

v=d/t
v=4km/0.75hours
v=5.33km/hour. So the answer is B. 45 minutes.

Jimmy stopped in Yewton for 45 minutes if Jimmy cycled at a steady speed of 24 km/h and his average speed for the whole journey, including the stops, was 18 km/h.

What is the distance?

Distance is a numerical representation of the distance between two items or locations. Distance refers to a physical length or an approximation based on other physics or common usage considerations.

It is given that:

At 12:45 Jimmy left his home in Pinetrees and cycled to visit his grandmother in Oakville.

Let x be the total time Jimmy stops in Yewton:

Total time for the journey = 220 minutes (12:45 to 16:25)

As we know:

distance = speed×time

24(220 - 10 - x) = 18(220)

220 - 10 - x = 165

x = 210 - 165

x = 45 minutes

Thus, Jimmy stop in Yewton for 45 minutes if Jimmy cycled at a steady speed of 24 km/h and his average speed for the whole journey, including the stops, was 18 km/h.

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Step-by-step explanation:

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Step-by-step explanation:

if a region is bounded by two curves y=f(x) and y=g(x) on an internal a,b where 0<g(x)< f(x) then the volume of the solid obtained by the rotating region about the Y-axis is expressed by the integral of the difference of two functions: v= 2πbfax(x)jdx

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Answers

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

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Answers

Answer:

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What is an area?

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Step-by-step explanation:

I hope this help.

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Answers

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Step-by-step explanation:

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Answers

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Answers

Answer:

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Step-by-step explanation:

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