Ranking razor blades.The corporations in the highly competitive razor blade industry do a tremendous amount of advertising each year. Corporation G gave a supply of three top-name brands, G, S, and W, to a consumer and asked her to use them and rank them in order of preference.

The corporation was, of course, hoping the consumer would prefer its brand and rank it first, thereby giving them some material for a consumer interview advertising campaign. If the consumer did not prefer one blade over any other but was still required to rank the blades, what is the probability that

a.The consumer ranked brand G first?

b.The consumer ranked brand G last?

c.The consumer ranked brand G last and brand W second?

d.The consumer ranked brand W first, brand G second, and brand S third?

Short Answer

Expert verified
  1. The probability of brand G first is 0.3.
  2. The probability of brand G last is 0.3.
  3. The probability of G last and W second is 0.1666.
  4. The probability of W first, G second, and S third is 0.1666.

Step by step solution

01

Important formula

The formula for probability is P=FavourableoutcomesTotaloutcomes

02

(a) The consumer ranked brand G first

The sample events are GSW, GWS, SGW, SWG, WGS, and WSG.

P(BRANDGFIRST)=P(GSW)+P(GWS)=16+16=0.3

So, the probability of brand G first is 0.3.

03

(b) The consumer ranked brand G last 

P(brandGislast)=P(SWG)+P(WSG)=16+16=0.3

Hence, the probability of brand G last is 0.3.

04

(c) The consumer ranked brand G last and brand W second

P(brandGislastandWsecond)=P(SWG)=16=0.166

Accordingly, the probability of G last and W second is 0.1666.

05

(d) The consumer ranked brand W first, brand G second, and brand S third

P(brandWfirst,Gsecond,Slast)=P(WGS)=16=0.166

Therefore, the probability of W first, G second, and S third is 0.1666.

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