Scribd Logo
Upload

Welcome to Scribd!

  • Quanti Ambot Assignment 2

    Uploaded by

    Tricia Marie Tumanda
    41 views1 page
    The document discusses probabilities related to new car warranty repairs based on manufacturer location. It states that the overall probability of a car needing repair is 4%, 60% of cars are made in the US, and the probability a US-made car needs repair is 2.5%. It then calculates: [1] the probability a US-made car needs repair is 4.17%, and [2] the probability a non-US car needs repair is 3.75%. It determines the need for repair and manufacturer location are not independent events.

    Original Description:

    Original Title

    Quanti-Ambot-Assignment-2

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document discusses probabilities related to new car warranty repairs based on manufacturer location. It states that the overall probability of a car needing repair is 4%, 60% of cars are made in the US, and the probability a US-made car needs repair is 2.5%. It then calculates: [1] the probability a US-made car needs repair is 4.17%, and [2] the probability a non-US car needs repair is 3.75%. It determines the need for repair and manufacturer location are not independent events.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    41 views1 page

    Quanti Ambot Assignment 2

    Uploaded by

    Tricia Marie Tumanda
    The document discusses probabilities related to new car warranty repairs based on manufacturer location. It states that the overall probability of a car needing repair is 4%, 60% of cars are made in the US, and the probability a US-made car needs repair is 2.5%. It then calculates: [1] the probability a US-made car needs repair is 4.17%, and [2] the probability a non-US car needs repair is 3.75%. It determines the need for repair and manufacturer location are not independent events.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    1.

    Each year, ratings are compiled concerning the performance of new cars during the first 90 days
    of use. Suppose that the cars have been categorized according to whether a car needs
    warranty-related repair (yes or no) and the country in which the company manufacturing
    a car is based (United States or not United States). Based on the data collected, the
    probability that the new car needs a warranty repair is 0.04, the probability that the car is
    manufactured by a U.S.-based company is 0.60, and the probability that the new car
    needs a warranty repair and was manufactured by a U.S.-based company is 0.025.

    a) Suppose you know that a company based in the United States manufactured a particular
    car. What is the probability that the car needs warranty repair?

    P(needs warranty repair | manufacturer based in U.S.) = 0.025/0.6 = 0.0417

    b) Suppose you know that a company based in the United States did not manufacture a
    particular car. What is the probability that the car needs warranty repair?

    P(needs warranty repair | manufacturer not based in U.S.) = 0.015/0.4 = 0.0375

    c) Are need for warranty repair and location of the company manufacturing the car
    independent?

    Since P(needs warranty repair | manufacturer based in U.S.) = 0.0417 and P(needs
    warranty repair) = 0.04, the two events are not statistically significant.

    You might also like