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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 =

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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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