subject
Business, 18.02.2021 23:10 almostnevercbbc

A company is considering producing a new product. Based on past records, management believes that there is a 70 percent chance that the new product will be successful, and a 30 percent chance it will not be successful. Market research may be used to revise these probabilities. In the past, given the product was successful, 90 percent of the time the market research was used. However, of the products that were not successful, 20 percent of the time market research was used. What is the probability that the product is not successful and the market research was not used

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.
Answers: 3
question
Business, 22.06.2019 22:00
Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service
Answers: 1
question
Business, 23.06.2019 01:50
Which term best describes the statement given below? if p = q and q = r, then p = r
Answers: 1
question
Business, 23.06.2019 02:30
The accountant at bramble corp. has determined that income before income taxes amounted to $10800 using the fifo costing assumption. if the income tax rate is 30% and the amount of income taxes paid would be $900 greater if the lifo assumption were used, what would be the amount of income before taxes under the lifo assumption?
Answers: 2
You know the right answer?
A company is considering producing a new product. Based on past records, management believes that th...
Questions
question
Mathematics, 23.04.2020 01:54
question
History, 23.04.2020 01:54
question
History, 23.04.2020 01:55
question
English, 23.04.2020 02:04
Questions on the website: 13722362