A consumer products company found that 49% of successful products also received favorable results from test market research, whereas 11% had unfavorable results but nevertheless were successful. That is, P(successful product and favorable test market)=0.49 and P(successful product and unfavorable test market)=0.11. They also found that 27% of unsuccessful products had unfavorable research results, whereas 13% of them had favorable research results, that is P(unsuccessful product and unfavorable test market) =0.27 and P(unsuccessful product and favorable test market)=0.13.

P(successful product given favorable test

market)=enter your response here

(Round to two decimal places as needed.)

Part 2

P(successful product given unfavorable test

market)=enter your response here

(Round to two decimal places as needed.)

Part 3

P(unsuccessful product given favorable test

market)=enter your response here

(Round to two decimal places as needed.)

Part 4

P(unsuccessful product given unfavorable test

market)=enter your response here

(Round to two decimal places as needed.)