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A bicycle plant runs two assembly lines, A and B. 96.9% of line A's products pass instruction, while only 93.8% of line B's products pass inspection. 70% of the factory's bikes come off assembly line A.
a) What is the probability that a randomly selected bike passed inspection?
b) What is the probability that a randomly selected bike that did not pass inspection came from assembly line B?
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I would like to know the solution on this one.
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Daisy Ltd has a net profit after tax of $3 400 000 for the year ending 30 June 2012. For the entire financial year Daisy Ltd had two million $1.00 cumulative preference shares on
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