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Question 13 1 pts Ant Co. has developed a new product, the A-Warren. It is now time to bring the A-Warren product to market. There

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Question 13 1 pts Ant Co. has developed a new product, the A-Warren. It is now time to bring the A-Warren product to market. There are two alternatives for Ant-Co either market the product only in the local area, or market the product nationally. If Ant Co. rolls out the AWarren product locally and it is successful, then the company will receive $1.4M from product sales. However, if the local rollout is unsuccessful, then the company will lose $100,000 ($0.1M) due to the costs of advertising. if Ant Co. rolls out the A-Warren product nationally and it is successful, then the company will receive $3M from product sales. However, if the national rollout is unsuccessful, then the company will lose $1M due to the costs of advertising. Historically, 40% of Ant Co.'s product rollouts have been successful. Ant Co. could choose to use a focus group to provide feedback on the AWarren. In the past when Ant Co.'s products were successful (locally or nationally), the focus group predicted this 80% of the time. For products that were not successful, the focus group predicted the product would not be successful 90% of the time. What is the probability that the A-Warren product will be a success when the focus group predicts k that it will be unsuccessful? O 0.080 o 0.265 (3 7 0.129 O 0.158 0 None of the answers are correct

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