Please use BAYES rule! The other examples aren’t showing this
problem sovled using Bayes rule.
solve using Bayes rule only! no z-scores allowed.
In an back yard vineyard in Napa valley with 10 grape vines (just right), rain in the spring and dry through summer, roughly binomial with N=800, P=.6. In a drought the yield is Bin while if the year is too wet, the yield of useful grapes per vine change the probability of a just right year is about. on a just right year the wine can sell for 100 dollars/bottle, on a dry ye will sell for 60 dollars a bottle, on wet year it will sell for 30 dollars absolute value >5 assume the probability is 0) a. The yield for all 10 vines was more than 4810 grapes. Given i. What is the probability that you will be pe vines in a row, if the weather works well gh summer, the yield for each vine is distributed ht the yield is Binomial with N=700 and P=.65, grapes per vine is N=600, P=.7. Under climate ant year is about.2, of a too wet vear is.1, and a dry year is.l. rs/bottle, on a dry year the quality drops so it it will sell for 30 dollars a bottle. (For a Z score with was more than 4810 grapes. Given this yield: is the probability that you will be able to sell for 100 dollars a bottle? (Hint, Break it down, given the information, what is the pre a just right year, a dry year, or a wet year.) the information, what is the probability of 4810 or more from 10 vines, given ii. What is the probability that you will be selling for 60 dollars a bottle? ill. What is the probability that you can only sell for 30 dollars a bottle? IV. What is your expected revenue per bottle
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