A Company Believes There Is a 20% Chance the File

question 9

Multiple Choice

A company believes there is a 20% chance the file modifications will be easy, a 40% chance that they will be moderately difficult and a 40% that they will be extremely difficult.Based on old files, modifications will be extensive or minor.Suppose the probabilities are as follows: P (Minor | Easy) = 0.80, P (Minor | Moderately Difficult)
= 0) 50 and P (Minor | Extremely Difficult) = 0.20.What is the probability that the difficulty of the file modifications and transfer will be extremely difficult given that the modifications required are minor?

• A)0.57
• B)0.20
• C)0.32
• D)0.44
• E)0.90

---

Definitions:

Finished Product

A good or product that has completed the manufacturing process and is ready for sale or use by the consumer.

Efficient Way

An efficient way refers to a method or approach that achieves a goal with minimal waste of time, resources, or effort.

Pure Communism

An idealized form of communism where there is no class division, the state has withered away, and the means of production are communally owned, leading to equal distribution of resources.

Capitalism

An economic system where private individuals rather than the state own and operate the means of production and distribution, driven by the motive of profit.