Probability, statistics, Basic Statistics

Assignment Help:
A manufacturer of VCRs plans to purchase a particular component from suppliers A, B and C. 30% of the components are to be purchased from A, 20% from B and 50% from C. In the past, 3% of components purchased from A have been defective, 5% of those purchased from B have been defective and 4% of those purchased from C have been defective. Upon arrival, the components are thrown into a box with no identifiers as to manufacturer. A component is randomly selected and it turns out to be defective. What is the probability that is was manufactured by supplier B?

Related Discussions:- Probability, statistics

How Allotment is useful, How Allotment is useful An agency''s plan of appro...

How Allotment is useful An agency''s plan of approximated expenses, income, money payments, and money invoices for monthly of the biennium.

Track Software, Seven years ago, after 15 years in public accounting, Stanl...

Seven years ago, after 15 years in public accounting, Stanley Booker, CPA, resigned his posiition as Manager of Cost Systems for Davis, Cohen, and O''''Brien Public Accountants and

Elaborate bond issue, Elaborate bond issue A reference indicating the exac...

Elaborate bond issue A reference indicating the exacting or different classification or quantity of bonds issued at a specified moment.

Accounting standards in canada, Accounting Standards in  Canada:  : In...

Accounting Standards in  Canada:  : In 2005, the Accounting Standards Board in Canada promoted the use of IFRS over the use of GAAP. The companies of Canada are supposed to ad

Introduction to statistical framework, advantages and disadvantages of inte...

advantages and disadvantages of integrated economic statistics

Calculate the difference quotient and average velocity, A girl named Alice ...

A girl named Alice fell asleep during a discussion about the difference quotient. She did not think it could possibly have anything to do with real life. While dreaming she saw

Hypothesis testing, The caffeine is expected to lower reaction time by an a...

The caffeine is expected to lower reaction time by an average of 30 msec. Scores on the simulator task for the regular population (without caffeine) form a normal distribution with

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd