Question
DO THE EXERCISEIN DECIMAL FORMAT! There is a city that is for all intents and purposes 100% dominated by two cab companies: the Yellow Cab
DO THE EXERCISEIN DECIMAL FORMAT!
There is a city that is for all intents and purposes 100% dominated by two cab companies: the Yellow Cab Company and the White Cab Company, and their cabs are colored accordingly. The former is the dominant taxi company. Yellow cabs number 81% of the market. You took a taxi and realized that you left your smartphone in it moments after it pulled away, turning at a corner and going out of site. You cannot remember the color of the cab, so you call both companies. They both deny having found a smartphone, but you are certain that you left it in the taxi. It was a very bright day. You lean heavily toward thinking it was a white cab. After all, there are so many yellow cabs on the road, and you remember yours as being somehow distinctive. You are almost sure it was white, like 90% sure. Now, employ Bayes's Rule to figure out the probability that the cab was white given the degree to which you believe it was. Let's assign variables thusly(you may not need to use all the variables): Y = The taxi was yellow. W = The taxi was white. T = You think the taxi was white.
Now, what would the equation look like?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started