Question

In: Statistics and Probability

Emily is a system integrator for personal computers. She uses keyboards from three companies. Company 1...

Emily is a system integrator for personal computers. She uses keyboards from three companies. Company 1 supplies 40 percent of the keyboards, company 2 supplies 10 percent of the keyboards and company 3 supplies 50 percent of the keyboards. From past experience Emily knows that 5 percent of company 1’s keyboards are defective, 10 percent of company 2’s keyboards are defective, and 20 percent of company 3’s keyboards are defective. If one of computers is found to have nondefective keyboard, what is the probability that the keyboard came from company 2?

Solutions

Expert Solution

TOPIC:Application of the Bayes' theorem.


Related Solutions

An information system: is a different from a data processing system because it uses computers. is...
An information system: is a different from a data processing system because it uses computers. is not generally used for transaction processing is composed of only the computer-based information resources of an organization may consist of both computer-related and manual components
Emily Company uses a periodic inventory system. At the end of the annual accounting period, December...
Emily Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 2: Units Unit Cost Inventory, December 31, prior year 2,890 $ 12 For the current year: Purchase, April 11 8,860 13 Purchase, June 1 7,930 18 Sales ($55 each) 10,860 Operating expenses (excluding income tax expense) $ 191,500 2. Compute the difference between the pretax income and the ending inventory...
Is it exploitation for a company to profit from selling soaps,shampoo, personal computers, and ice...
Is it exploitation for a company to profit from selling soaps, shampoo, personal computers, and ice cream, and so on, to people with little disposable income?
1. Emily, Car, Stock Market, Sweepstakes, Vacation and Bayes. Emily is taking Bayesian Analysis course. She...
1. Emily, Car, Stock Market, Sweepstakes, Vacation and Bayes. Emily is taking Bayesian Analysis course. She believes she will get an A with probability 0.6, a B with probability 0.3, and a C or less with probability 0.1. At the end of semester, she will get a car as a present form her uncle depending on her class performance. For getting an A in the course Emily will get a car with probability 0.8, for B with probability 0.5, and...
Pentucket Computer Company manufactures personal computers and tablets. Based on the latest information from the cost​...
Pentucket Computer Company manufactures personal computers and tablets. Based on the latest information from the cost​ accountant, using the current sales​ mix, the​ weighted-average sales price per unit is $ 780 and the​ weighed-average variable cost per unit is $ 624. The company does not expect the sales mix to vary for the next year. Average fixed costs per month are $76,440. Reqirement 1. What is the number of units that must be sold each month to reach the breakeven​...
Turramurra Furniture Company manufactures specialist furniture for use with computers .It uses a FIFO costing system...
Turramurra Furniture Company manufactures specialist furniture for use with computers .It uses a FIFO costing system to allocate costs to Finished Goods and maintains its financial records on a financial year which operates from 1 July 2018 to 30 June 2019 . The Work in Process Inventory on 31 May 2019 consisted of the following : Job No.       Description                                    Units                       Accumulated Cost SE523          Storage Equipment                      20,000                   $ 900,000 PS612          Printer Stand                                 25,000                       250,000 CH421         Chair                                               15,000                        431,000 Total                                                                                                   $1,581,000 The...
Turramurra Furniture Company manufactures specialist furniture for use with computers .It uses a FIFO costing system...
Turramurra Furniture Company manufactures specialist furniture for use with computers .It uses a FIFO costing system to allocate costs to Finished Goods and maintains its financial records on a financial year which operates from 1 July 2018 to 30 June 2019 . The Work in Process Inventory on 31 May 2019 consisted of the following : Job No.       Description                                    Units                       Accumulated Cost SE523          Storage Equipment                      20,000                   $ 900,000 PS612          Printer Stand                                 25,000                       250,000 CH421         Chair                                               15,000                        431,000 Total                                                                                                   $1,581,000 The...
Turramurra Furniture Company manufactures specialist furniture for use with computers .It uses a FIFO costing system...
Turramurra Furniture Company manufactures specialist furniture for use with computers .It uses a FIFO costing system to allocate costs to Finished Goods and maintains its financial records on a financial year which operates from 1 July 2018 to 30 June 2019 . The Work in Process Inventory on 31 May 2019 consisted of the following : Job No.       Description                                    Units                       Accumulated Cost SE523          Storage Equipment                      20,000                   $ 900,000 PS612          Printer Stand                                 25,000                       250,000 CH421         Chair                                               15,000                        431,000 Total                                                                                                   $1,581,000 The...
1. Emily is so successful that she cannot keep up with deliveries. She hires Marco’s Movers,...
1. Emily is so successful that she cannot keep up with deliveries. She hires Marco’s Movers, another local company, to handle the overflow of deliveries. Emily’s Flowers pays Marco a flat fee per delivery, plus mileage. Is Marco an employee of Emily’s Flowers? What is your reasoning? 2. When Emily turns over the floral creations to Marco for delivery, what type of legal relationship is created? What level of care is required of Marco while the flowers are in his...
Omni Technology Holding Company has the following three affiliates: Software Personal Computers Foreign Operations Sales $...
Omni Technology Holding Company has the following three affiliates: Software Personal Computers Foreign Operations Sales $ 40,200,000 $ 60,080,000 $ 100,680,000 Net income (after taxes) 2,086,000 2,880,000 8,510,000 Assets 5,820,000 25,790,000 60,630,000 Stockholders' equity 4,090,000 10,170,000 50,950,000 Compute the return on sales. software % Personal computer % Foreign Operations : compute the return on assets. Software % Personal Computers % Foreign Operations % Compute the total asset turnover. Software times Personal Computers times foreign Operations times Compute the return on...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT