Question

An appliance store sells three different brands of refrigerators. Of the refrigerator sales, 40% are brand...

An appliance store sells three different brands of refrigerators. Of the refrigerator sales, 40% are brand 1, 25% are brand 2 and 35% are brand 3. Each manufacturer offers a 1-year warranty on parts and labor. It is known that 20% of brand 1's require warranty repair work, whereas the corresponding percentages for brands 2 and 3 are 25% and 5%, respectively. What is the probability that a randomly selected purchaser has a refrigerator that will need repair while under warranty?

Homework Answers

Answer #1

I answered same question some time back..i am it again..pls get back to me if you have any doubts..

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A salesman in a department store receives household appliances from three suppliers: I, II, and III....
A salesman in a department store receives household appliances from three suppliers: I, II, and III. From previous experience, the salesman knows that 2%, 1%, and 3% of the appliances from suppliers I, II, and III, respectively, are defective. The salesman sells 35% of the appliances from supplier I, 25% from supplier II, and 40% from supplier III. If an appliance randomly selected is defective, find the probability that it comes from supplier III. Law of Total Probability must be...
Three factories F1, F2 and F3 respectively produce 25%, 35% and 40% of the total number...
Three factories F1, F2 and F3 respectively produce 25%, 35% and 40% of the total number of electrical parts intended for the assembly of a machine. These factories respectively produce 1%, 2% and 3% of defective parts. We notice : The event A : "the part is produced by the F1 factory" The event B :  "the part is produced by the F2 factory" The event C : "the part is produced by the F3 factory" The event D : "the...
1-25 True or False 1. Sales revenue is an inflow of assets. 2. The three distinct...
1-25 True or False 1. Sales revenue is an inflow of assets. 2. The three distinct types of cost to a manufacturer are direct materials, direct labor, and manufacturing overhead.                       3. Sales Returns and Allowances is a contra-asset account. 4. Like sales revenue, cost of goods sold represents an inflow of assets. 5. With the periodic inventory system the inventory account is updated after each sale or purchase. 6. When merchandise is sold FOB shipping point, the buyer is responsible...
      MK Restaurant: Branding of Thai-Style Hotpot The restaurant industry is one of the most...
      MK Restaurant: Branding of Thai-Style Hotpot The restaurant industry is one of the most competitive in Thailand. With a large number of players ranging from restaurants in five-star hotels, global fast-food chains to small stalls along the streets and everything in between, the Thais are spoiled for choice. In addition, as the world becomes globalized, consumers are familiar with international dishes and would not hesitate to try new offerings from the other side of the globe. As a...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT