75% of the products produced in a factory are first class products, the rest are of second class. Later all products are double checked. The probability that a first class product is evaluated as a second class one is 0.02, while the probability that a second class product is found to be a first class one is 0.05. Find the probability that a product evaluated as a first class product is really a first class one.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
75% of the products produced in a factory are first class products, the rest are of
second class. Later all products are double checked. The probability that a first class
product is evaluated as a second class one is 0.02, while the probability that a second
class product is found to be a first class one is 0.05. Find the probability that a product
evaluated as a first class product is really a first class one.
Transcribed Image Text:75% of the products produced in a factory are first class products, the rest are of second class. Later all products are double checked. The probability that a first class product is evaluated as a second class one is 0.02, while the probability that a second class product is found to be a first class one is 0.05. Find the probability that a product evaluated as a first class product is really a first class one.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON