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QUESTION 20 Netfliox inc, is a large and extraordinarily popular streaming media

ID: 3054364 • Letter: Q

Question

QUESTION 20 Netfliox inc, is a large and extraordinarily popular streaming media and video-on-demand provider accessible to customers in almost every country in the world. Part of the reason for its success has been its adoption of business analytics, the use of statissical analysis techniques to extract information from data that can be used in strategic planning. Key components of the Netflox supply chain are the "content partners, studios or production companies that provide the audio and video for media as well as supporting content such as subtdes and closed captioning (the company calls these elements, collectively, assets) Arecentissue facing the company was inconsistent quality in the assets it was receiving from some of its content partners. Using a technique called predictive qualty control, Netflix was able to build a statistical model that could predict the probability of a defect in an asset based on several factors, such as the age and the genre of the media it was associated with Let D be the event (an asset is dofective), and suppose the model predicts that PD) 0239 What is P(DF), the complement of the event D, to three decimal places?

Explanation / Answer

Given :

Let D be the event (an asset is defective) and suppose to model predict that P(D) = 0.239

Then the P(D') = 1 - P(D) = 1 - 0.239 = 0.761

Therefore the complement of D is 0.761