Author Question: What is the probability that the drug reaches to a large market? A) 0.700 B) 0.108 C) 0.018 D) ... (Read 45 times)

james · **on:** Jun 24, 2018

What is the probability that the drug reaches to a large market?

A) 0.700
B) 0.108
C) 0.018
D) 0.054

Question 2

At a potato processing plant in the state of Washington, 400 potatoes have been examined for disease. Of these, four were diseased. Based on this, the plant manager has stated that the probability of finding a diseased potato is 0.01.

He is applying subjective probability to arrive at this 0.01 value. Indicate whether the statement is true or false