Question: A company buys components from two suppliers. One produces components that are of higher quality than the other. The high-quality supplier, call it Supplier A,

A company buys components from two suppliers. One produces components that are of higher quality than the other. The high-quality supplier, call it Supplier A, has a defect rate of 2%. The low-quality supplier, Supplier B, has a defect rate of 10% but offers lower prices. This company buys in equal volume from both suppliers, with half of the orders going to each supplier.
(a) What is the probability that a component to be installed is defective?
(b) If a defective component is found, what is the probability it came from Supplier A?

Step by Step Solution

★★★★★

3.37 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

This problem can be solved by Bayes Rule because we are give... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

489-M-S-P (2254).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

Q:

Whole Foods buys organics beets from two suppliers, one in Ames and one in Zearing. The price per unit of the Ames beets is $4.50 and the price per unit of the Zearing beets is $7.00. A) Define...

Q:

A half dollar is considered to be defective if it deviates substantially from these specifications: The weight is 11.340 g, the diameter is 30.61 mm, the thickness is 2.15 mm, the composition is...

Q:

If two orders are selected, find the probability that both of them are not accurate. a. Assume that the selections are made with replacement. Are the events independent? b. Assume that the selections...

Q:

A company buys components from two suppliers. One produces components that are of higher quality than the other. The high-quality supplier, call it Supplier A, has a defect rate of 2%. The...

Q:

A company buys components from two suppliers. One produces components that are of higher quality than the other. The high-quality supplier, call it Supplier A, has a defect rate of 7%. The lowquality...

Q:

A company buys components from two suppliers. One produces components that are of higher quality than the other. The high - quality supplier, call it Supplier A , has a defect rate of 6 % . The low -...

Q:

A company buys components from two suppliers. One produces components that are of higher quality than the other. The high - quality supplier, call it Supplier A , has a defect rate of 6 % . The low -...

Q:

A company buys products from three suppliers. Their products differ in quality. The high - quality supplier, call it Supplier A , has a defect rate of 1 5 % . The low - quality supplier, Supplier B ,...

Q:

A company buys products from three suppliers. Their products differ in quality. The high - quality supplier, call it Supplier A , has a defect rate of 1 5 % . The low - quality supplier, Supplier B ,...

Q:

A company buys products from three suppliers. Their products differ in quality. The high - quality supplier, call it Supplier A , has a defect rate of 1 5 % . The low - quality supplier, Supplier B ,...

Q:

The spot futures parity relationship can be used to find a term structure of futures prices, that is, futures prices for various maturity dates. a. Suppose that today is January 1, 2013. Assume the...

Q:

Adriana Lopez, owner of Success Systems, realizes that she needs to begin accounting for bad debts expense. Assume that Success Systems has total revenues of $43,853 during the first three months of...

Q:

Huixian scores 68 out of 80 for her Science test, Priya scores 86 out of 120 for her Science test and Rui Feng scores 120 out of 150 for his Science test. Who performs the best in his/her Science...

Q:

The percentage of people exposed to a bacteria who become ill is 20%. Assume that people are independent. Assume that 1000 people are exposed to the bacteria. Approximate each of the following: (a)...

Q:

The axis of the curved member AB is a parabola with its vertex at A. If a vertical load P of magnitude 1.8kN is applied at A, determine the internal forces at J when h = 240 mm, L = 800 mm, and a =...

Q:

A force P is applied to a bent rod which is supported by a roller and a pin and bracket. For each of the three cases shown, determine the internal forces at point J.

Q:

For the beam and loading shown, (a) Draw the shear and bending-moment diagrams, (b) Determine the maximum absolute values of the shear and bending moment.

Q:

Assuming the upward reaction of the ground on beam AB to be uniformly distributed, (a) Draw the shear and bending-moment diagrams, (b) Determine the maximum absolute values of the shear and bending...

Q:

A management control point where scope, budget, actual cost and schedule are integrated and compared to earned value for performance measurement is called a: A. Code of accounts B. Control packages...

Q:

Draw a graph of y = 1/x for values of x between 5 and +5.

Q:

If you leave 100 in the bank earning 6% interest, at the end of n years you will have 100 1.06n. Draw a graph of this amount over the next 20 years.

Q:

Use graphs to solve these simultaneous equations: (a) a + b = 3 and a b = 5 (b) 2x + 3y = 27 and 3x + 2y = 23

Q:

question 3 ~ 28 days 1/15 Content attribution QUESTION 3 . 1 POINT The operating costs for each machine for one day have an unknown distribution with mean 1610 and standard deviation 136 dollars. A...

Q:

Please write this method using Java the method String toString ( ) that returns a String containing all the data for one employee, i.e. the employee number, name, department and salary on a single...

Q:

Integrative-Risk and Valuation. Hamlin Steel Company Wishes to determine the value of Craft Foundry, a firm that is considering acquiring for cash. Hamlin wishes to determine the applicable discount...