Help me study for my Management class. I’m stuck and don’t understand.
Help me sort out the answer. All answer is on google and chegg. U must have a chegg account. If u dont have a chegg account, dont bid.
Example:
Problem 1
Assume that 0.5% of all semiconductor parts produced in a manufacturing process break within one year. The parts can be tested with a very reliable but not perfect screening procedure:
- 2.5% of the parts that break within one year pass the test
- 1% of the parts that do not break within one year do not pass the test
A part just failed this test. What is the probability that this part will break within one year?