Find probability that defective stereo came from company a

Reference no: EM13134038

Use Bayes' theorem to solve this problem. A storeowner purchases stereos from two companies. From Company A, 550 stereos are purchased and 1% are found to be defective. From Company B, 850 stereos are purchased and 6% are found to be defective. Given that a stereo is defective, find the probability that it came from Company A.

Reference no: EM13134038

Questions Cloud

Prevailing wisdom of the early : Against a background of the prevailing wisdom of the early 1900s, in particular Scientific Management theory, describe the emergence of the Human Relations perspective of management and the subsequent development of the Behavioural Science approach.

Accural-basis accounting and cash-basis accounting : What is the difference between accural-basis accounting and cash-basis accounting? Why would politicians prefer the cash basis over the accrual basis?

What is the current target federal funds rate : What is the current target federal funds rate, as of October 24, 2012 and what decision did the Fed make regarding the federal funds rate?

Find probability that defective stereo came from company a : From Company B, 850 stereos are purchased and 6% are found to be defective. Given that a stereo is defective, find the probability that it came from Company A.

Medians of triangle proof : O is the intersection point of the medians of a triangle ABC. The medians are AD, BE, CF. What is the ratio of the area of triangle EOC to TRIANGLE abc?

Costs and benefits to the company : In your assignment, consider the costs and benefits to the company and various stakeholders of reporting on social and environmental impacts

Getting a sample mean problem : The average cost of a one bedroom apartment in a town is $550 per month. What is the probability of randomly selecting a sample of 50 one bedroom apartments in this town and getting a sample mean of less then $530 if the population standard deviat..

Finding length of side of triangle : Given a=41degrees, B=101degrees, and a=30.1, approximate the length of side b in a triangle ABC. Given a=100degrees, B=30degrees, and c=110.3, approximate the length of side b in a triangle ABC.

User Account

All Pages