# Control innovation

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# Description

Decisions Control. 9 pages

Objective 1

The innovative company is about to sign a contract to develop a new high technology device (state order). If the main competitor of the company will not be at the same time qualify for the contract, the probability of obtaining the contract is estimated at 0.35; otherwise - 0.20. According to experts of the company, the likelihood that a competitor will put forward its proposals on the conclusion of the contract is equal to 0.50. What is the formula of total probability?

Economist Analyst conventionally divided country´s economic situation as "good", "mediocre" and "bad" and assesses their probability for a given time of 0.10, 0.40 and 0.50, respectively. The index of sales of a new product increases the probability - of 0.6, when the situation is "good", with a probability of 0.3, when the "mediocre" and with a probability of 0.1, when the "bad." Let now the index of sales of goods increased. What is the likelihood that the economy is on the rise?
Objective 3

Suggest an innovation to improve the educational process in higher educational institution. This can be the computer technology, the procedure for drawing up the timetable, organization of workshops, the creation of databases, etc. Explain the feasibility of innovations. Justification in the table.