A Company Is Considering Producing Some New Gameboy Electronic Games

question 65

Multiple Choice

A company is considering producing some new Gameboy electronic games.Based on past records,management believes that there is a 70 percent chance that each of these will be successful and a 30 percent chance of failure.Market research may be used to revise these probabilities.In the past,the successful products were predicted to be successful based on market research 90 percent of the time.However,for products that failed,the market research predicted these would be successes 20 percent of the time.If market research is performed for a new product,what is the probability that the product will be successful if the market research indicates a failure?

• A)0.20
• B)0.90
• C)0.91
• D)0.63
• E)0.23

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Definitions:

Anemia

A condition in which there is a deficiency of red cells or of hemoglobin in the blood, resulting in pallor and weariness.

Sickle-Cell Thalassemia

A genetic disorder that affects hemoglobin within red blood cells, combining features of sickle cell anemia and thalassemia, leading to chronic anemia and episodes of pain.

Acute Chest Syndrome

A severe lung complication in sickle cell disease, presenting with chest pain, fever, and respiratory distress.

Pernicious Anemia

A type of anemia caused by an inability to absorb vitamin B12, leading to a reduction in red blood cell production.