You are running an online business that requires boxes and bubble wrap fbr postage purpose. Lets say you got the boxes and bubble wrap from
You are running an online business that requires boxes and bubble wrap fbr postage purpose. Lets say you got the boxes and bubble wrap from four different suppliers, each of the suppliers represent 25% of your supply. Some of the boxes and bubble wrap you received are poor in quality and not meeting the specication. You would like to investigate which suppliers that supply good items and which are not. Based on the table below, generate randomly value Al to A4 and B] to B4 'om 0 to l in decimal form. Then, based on the values generated, determine what is the value of A'l to A'4 and B'l to B'4. Table 1: Condition of box and bubble wrap for Company Company 4 Supplier Percentage Item A: BC)! Item B: BUBBLE WRAP of supply 01%} Company 1 25 Company 2 25 CompanyS Company 4 i. Based on the data from Table I, suppose that a box is in a poor-quality condition, calculate the probability it comes from each company. ii. Based on the data from Table I, suppose that a bubble wrap is in a poor-quality condition, calculate the probability it comes 'om each company. iii. As a business owner, what will be your action following the ndings in (ii) and (iii)
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