Jinza is considering doing a marketing research will be, Ask an Expert

Management Studies

Q. Jinza Bruno is going to help his brother who wants to open a food store. Jinza initially believes that there is a 50-50 chance that his brother’s food store would be a success. Jinza is considering doing a marketing research will be favourable given a successful food store. Moreover, there is a 0.7 probability that the marketing research will be unfavourable given an unsuccessful food store.

(a) If the marketing research is favourable, illustrate what is Jinza's revised probability of a successful food store for his brother?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M9375851

Have any Question?Write your Review or question?

Related Questions in Business Management

How does health insurance coverage affect the incentive to

How does health insurance coverage affect the incentive to reduce medical expenses? For the insured person? For the provider of services? What happens to the incentive to hold down medical expenses once the initial insur ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Do i include an apa outline in the final draft of a course

Do I include an APA outline in the final draft of a course project? I am unsure if I should use the outline, a table of contents, or both. The Professor had asked for an outline as a deliverable earlier in the course but ...

Auburn creed i believe that this is a practical world and

Auburn Creed: I believe that this is a practical world and that I can count only on what I earn. Therefore, I believe in work, hard work. I believe in education, which gives me the knowledge to work wisely and trains my ...

Discuss your philosophy regarding how a leader should

Discuss your philosophy regarding how a leader should behave. Second, list two of your favorite leaders (either those in the public eye or whom you might know personally).

What are some costing and financial strategies for

What are some costing and financial strategies for manufacturing and service companies?

Discuss the importance of using an access control model in

Discuss the importance of using an access control model in determining how employees in an organization should gain access to resources.

Provide an example of an organization that has achieved

Provide an example of an organization that has achieved competitive success through planning and provide an example of an organization that has failed to achieve competitive success as the result of failed planning.

Stuart black states in his book that in order for leaders

Stuart Black states in his book, that in order for leaders to see real "movement" during change initiatives, people must clearly see where they are going? Please explain what he is trying to say by this.

A leasing firm operates on the assumption that the annual

A leasing firm operates on the assumption that the annual number of miles driven in its leased cars is normally distributed with mean 13,500 and standard deviation 4,000 miles. To see whether this assumption is valid, a ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert