NW 3.88 ERRORS IN ESTIMATING JOB COSTS. Aconstruction company employs three sales engineers. Engineers1, 2, and 3 estimate the costs of 30%, 20%, and 50%,respectively, of all jobs bid by the company. For i = 1, 2, 3,define E, to be the event that a job is estimated by engineer i.The following probabilities describe the rates at which theengineers make serious errors in estimating costs:P(error E₁) = .01, P(error|E₂) = .03, andP(error|E₂) = .02a. If a particular bid results in a serious error in estimatingjob cost, what is the probability that the error was madeby engineer 17b. If a particular bid results in a serious error in estimatingjob cost, what is the probability that the error was madeby engineer 27c. If a particular bid results in a serious error in estimatingjob cost, what is the probability that the error was madeby engineer 3?d. Based on the probabilities, parts a-c, which engineer ismost likely responsible for making the serious error?

It is given that P( E1 ) = 30% = 0.30, P( error/E1 ) = 0.01 P( E2 ) = 20% = 0.20, P( error/E2 )…

Answered: a. If a particular bid results in a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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