Use the following information for questions:
In the Banana Republic there are two producers of PCs, referred to as Pac and Bell. Assume that there are no PC imports. The market shares for these two producers are 70% for Pac and 30% for Bell. One executive at Bell proposes a longer warranty period (similar to one given by auto makers) to be offered at a slight extra cost as a plan to increase market share. A market research company appointed by Bell conducts a census of PC owners on their opinion of this warranty proposal. Among owners of a PC made by Pac, 50% like the proposal, 30% are indifferent to it, while the remaining owners oppose it. Among owners of a PC made by Bell, 70% like the proposal, 20% are indifferent to it, and the remaining owners oppose it.
-A PC owner will be selected at random. What is the probability that the owner will be opposed to the proposal of a new warranty at extra cost?

Question

Use the following information for questions:
 In the Banana Republic there are two producers of PCs, referred to as Pac and Bell. Assume that there are no PC imports. The market shares for these two producers are 70% for Pac and 30% for Bell. One executive at Bell proposes a longer warranty period (similar to one given by auto makers) to be offered at a slight extra cost as a plan to increase market share. A market research company appointed by Bell conducts a census of PC owners on their opinion of this warranty proposal. Among owners of a PC made by Pac, 50% like the proposal, 30% are indifferent to it, while the remaining owners oppose it. Among owners of a PC made by Bell, 70% like the proposal, 20% are indifferent to it, and the remaining owners oppose it.
-A PC owner will be selected at random. What is the probability that the owner will be opposed to the proposal of a new warranty at extra cost?

Quizplus · Accepted Answer

The Answer of Use the following information for questions:
 In the Banana Republic there are two producers of PCs, referred to as Pac and Bell. Assume that there are no PC imports. The market shares for these two producers are 70% for Pac and 30% for Bell. One executive at Bell proposes a longer warranty period (similar to one given by auto makers) to be offered at a slight extra cost as a plan to increase market share. A market research company appointed by Bell conducts a census of PC owners on their opinion of this warranty proposal. Among owners of a PC made by Pac, 50% like the proposal, 30% are indifferent to it, while the remaining owners oppose it. Among owners of a PC made by Bell, 70% like the proposal, 20% are indifferent to it, and the remaining owners oppose it.
-A PC owner will be selected at random. What is the probability that the owner will be opposed to the proposal of a new warranty at extra cost?

Use the Following Information for Questions