A manufacturing firm finds that 70% of its new hires turn out to be good workers and 30% turn out to be poor workers. All current workers are advised to qualify a reasoning test. Of the good workers, 80% pass it and 40% of the poor workers pass it. If the company makes the reasoning test be a part of its hiring procedure, what then is the probability of the new hires that will turn out to be; i. Good workers? ii. Poor workers? iii. Depict the above probabilities on the Bayes’ tree diagram.
A manufacturing firm finds that 70% of its new hires turn out to be good workers and 30% turn out to be poor workers. All current workers are advised to qualify a reasoning test. Of the good workers, 80% pass it and 40% of the poor workers pass it. If the company makes the reasoning test be a part of its hiring procedure, what then is the probability of the new hires that will turn out to be; i. Good workers? ii. Poor workers? iii. Depict the above probabilities on the Bayes’ tree diagram.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
. A manufacturing firm finds that 70% of its new hires turn out to be good workers and 30% turn out to be poor workers. All current workers are advised to qualify a reasoning test. Of the good workers, 80% pass it and 40% of the poor workers pass it. If the company makes the reasoning test be a part of its hiring procedure, what then is the probability of the new hires that will turn out to be;
i. Good workers?
ii. Poor workers?
iii. Depict the above probabilities on the Bayes’ tree diagram.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 4 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman