You estimate that the chance of new product being successful is 0.8 - a marketing analyst (who is correct 65% of the time) gives a favourable opinion of your product. What should you revise your estimation of success to (as a percentage, 0 decimal places)?
A) 82%
B) 84%
C) 86%
D) 88%

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The Answer of You estimate that the chance of new product being successful is 0.8 - a marketing analyst (who is correct 65% of the time) gives a favourable opinion of your product. What should you revise your estimation of success to (as a percentage, 0 decimal places)?
A) 82%
B) 84%
C) 86%
D) 88%

You Estimate That the Chance of New Product Being Successful