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MANAGERIAL STATISTICS - Please provide work and detailed answer! Thanks in advance: QUESTION: A company has 2 machines that produce widgets. An older machine produces
MANAGERIAL STATISTICS - Please provide work and detailed answer! Thanks in advance:
- QUESTION: A company has 2 machines that produce widgets. An older machine produces 23% defective wdgets, while the new machine produces only 8% defective widgets. In addition, the new machine produces 3 times as many widget as the older machine does. Given that a widget was produced by the new machine, what is the probability it is not defective?
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