Compute Conditional Probabilities
-After Completing an Inventory of Three Warehouses $0.426$

question 115

Multiple Choice

Compute Conditional Probabilities
-After completing an inventory of three warehouses, a golf club shaft manufacturer described its stock of 12,246 shafts with the percentages given in the table. Suppose a shaft is selected at random from the 12,246 currently in stock, and the warehouse number and type of shaft are observed. Given that the shaft is produced in warehouse 2, find the probability it has an extra stiff shaft.

• A) \(0.426\)
• B) \(0.769\)
• C) \(0.377\)
• D) \(0.53\)

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Definitions:

Product Development

The process of bringing a new product or service to market, involving idea generation, design, development and marketing.

Organizational Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of an organization, influencing its members' behavior and attitudes.

Rite Of Enhancement

Rite of enhancement is a ceremonial or ritualistic practice designed to improve or elevate the status, position, or condition of an individual within an organization.

Organizational Cultures

Organizational cultures consist of the shared values, beliefs, rituals, and norms that shape an organization's environment and employee behavior.