Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company A provides a critical manufacturing part 30% of the time, Company B provides the same part 50% of the time and Company C provides

Company A provides a critical manufacturing part 30% of the time, Company B provides the same part 50% of the time and Company C provides the part the rest of the time. There is a 10% chance of the part being defective if provided by Company A, a 30% chance of the part being defective if provided by Company B, and a 70% chance of the part being defective if provided by Company C. 



What is the probability that the part came from Company B and is defective?

Step by Step Solution

3.41 Rating (148 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the probability that the part came from Compan... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Statistics For Contemporary Decision Making

Authors: Black Ken

8th Edition

978-1118494769, 1118800842, 1118494768, 9781118800843, 978-1118749647

More Books

Students also viewed these Accounting questions

Question

What is a finite stochastic process?

Answered: 1 week ago

Question

1. Have a 2-week arrangement; then evaluate.

Answered: 1 week ago

Question

Graph one period of each function. y = 4 cos x

Answered: 1 week ago