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As items come to the end of a production line, an inspector chooses which items are to go through a complete inspection. Nine percent of all items produced are defective. Ninety percent of all defective items go through a complete inspection, and 20% of all good items go through a complete inspection. Given that an item is completely inspected, what is the probability that it is defective? Round your answer to four decimal places if necessary. (Do not round intermediate values.) Answer Defective | Inspected =

As items come to the end of a production line, an inspector chooses which items are to go through a complete inspection. Nine percent of all items produced are defective. Ninety percent of all defective items go through a complete inspection, and 20% of all good items go through a complete inspection. Given that an item is completely inspected, what is the probability that it is defective? Round your answer to four decimal places if necessary. (Do not round intermediate values.) Answer Defective | Inspected =

Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter17: Making Decisions With Uncertainty
Section: Chapter Questions
Problem 7MC
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As items come to the end of a production line, an inspector chooses which items are to go through a complete inspection. Nine percent of all items produced are defective. Ninety percent of all defective items go through a complete inspection, and 20% of all good items go through a complete inspection. Given that an item is completely inspected, what is the probability that it is defective? Round your answer to four decimal places if necessary. (Do not round intermediate values.)
Transcribed Image Text:As items come to the end of a production line, an inspector chooses which items are to go through a complete inspection. Nine percent of all items produced are defective. Ninety percent of all defective items go through a complete inspection, and 20% of all good items go through a complete inspection. Given that an item is completely inspected, what is the probability that it is defective? Round your answer to four decimal places if necessary. (Do not round intermediate values.)
Answer Defective | Inspected =
Transcribed Image Text:Answer Defective | Inspected =
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