You are analysing a factory. Stage 3 of the manufacturing process has a 20% chance of finishing on time. If it does finish on time, the chance of Stage 4 finishing late is 25%. The overall chance of Stage 4 finishing on time is 45%. What is the chance tha Stage 4 finishes late if Stage 3 finished late?
You are analysing a factory. Stage 3 of the manufacturing process has a 20% chance of finishing on time. If it does finish on time, the chance of Stage 4 finishing late is 25%. The overall chance of Stage 4 finishing on time is 45%. What is the chance tha Stage 4 finishes late if Stage 3 finished late?
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...
Related questions
Question

Transcribed Image Text:You are analysing a factory. Stage 3 of the manufacturing process has a 20% chance
of finishing on time. If it does finish on time, the chance of Stage 4 finishing late is
25%. The overall chance of Stage 4 finishing on time is 45%. What is the chance that
Stage 4 finishes late if Stage 3 finished late?
Round your answer to 2 decimal places.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Recommended textbooks for you

A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON


A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
