Assume one in every 1,000 people is a liar (incapable of telling the truth). Also suppose a
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Assume one in every 1,000 people is a liar (incapable of telling the truth). Also suppose a lie-detector test is 98 percent accurate. That is, if a person is lying, there is a 98 percent chance the test will indicate that the person is lying. Also, if the person is not lying, there is a 98 percent chance the test will indicate that the person is not lying. If the lie-detector test indicates the person is lying, what is the chance the person is lying?
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ANSWER This is a classic problem in conditional probability that can be solved using Bayes theorem L...View the full answer
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Related Book For 
Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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